Long Term - USDCAD Short @ 1.2827 Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Apr 4, 2018 10:53 AM

Clear Head and Shoulders formation on 4hr chart - recent break of the neckline shows there there could be a significant downside. Recent dollar weakness and uncertainty in the US economy gave me the fundamental confirmation.

SHORT ENTRY @ 1.2827
SL @ 1.2875
TP @ 1.2722
RR @ 2.04

Head and Shoulders