FX:USDCAD   U.S. Dollar / Canadian Dollar
Head and Shoulder Pattern forming after break of upward trend line, there could be a possible change of upward trend to the opposite side which confirms the initial setup I posted earlier. When the H&S has finished forming, the entry point will be the below or break of the neckline and that will be at 1.2470 and first target 40 to 50 pips in the yellow zone. TP 2 will be over 100+ pips. Exact target points have been stated on the chart.
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