mattlowden

Inverse Head & Shoulders forming on $USDCAD 1h?

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
2
After poor CAD employment data last week $USDCAD has tricked down, found support at the yellow line and appears to be forming an inverse H&S.

I'm already long from the yellow line targeting 1.09420.

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.