PeNuel2020

USDCAD - H 'n' S PATTERN FORMING?

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
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The sell pressure came through at a good time. Simple daily price action helped out with analyzing and
speculating that, as mentioned in the previous analysis on UCAD.
But, we can see a nice Head and Shoulders pattern forming while our sell bias is ongoing - interestingly, it
will be in-line with it, if it comes through too. I just deemed it fit to upload it, so that some who did not take
the sell earlier may wait for this setup to materialize and then choose to ride it or not.

Above all, stay safe and disciplined. Nothing is fixed or certain!

DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you

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