FX:USDCAD   U.S. Dollar/Canadian Dollar
56 2 1
on the 4h time frame we can see that the price is out the up channel and breaking the last bottom and going to form H&S pattern , the breakout of the neckline was with a strong candle but the price going up again to retest the neckline , on the other part , we find that the price on the 1h time frame is going down and still making LH and LL (lower highs and lower lows ) , and we can see else that the price breaking out a support of trading range , i think that opening SHORT position with a SL obove the resistance of the trading range is a good idea ...
sorry if my english is so bad :))
itaskar
2 years ago
great :) i put my target close above psychologic 1.0900 what correspond with 0,5 fibo(12/12/13-31/1/14)
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ForceFollower
2 years ago
Well, I don't know, to me it can do anything from here...
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