withoutmercy

USDCAD H&S on daily testing 200 EMA

Short
withoutmercy Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Interesting set up with a few factor of confluence,
200 EMA has been holding daily chart of this pair and now price retest.
Also coincide with structure historical price as left shoulder. This could be a nice trade short. Also USD has been weakening.
Trade closed manually:
run away becaause cad still weak and all counter part should go up
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.