Adam_hazouri

AUDCAD /Chart Pattern/ Price Action/

Short
Adam_hazouri Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
The price is trading in a Downtrend Channel. Head&Shoulder pattern formed on the hourly time frame. The right shoulder is smaller than the left one, which gives the pattern strength.
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.