USDCAD is supposedly going down via a classical H&S pattern, if you look closely.
I remain doubtful about the success of the pattern. Instead, I believe another leg up is in the works, before any meaningful bearish activity may take place.
At present, the pattern is more bullish than bearish.
I remain doubtful about the success of the pattern. Instead, I believe another leg up is in the works, before any meaningful bearish activity may take place.
At present, the pattern is more bullish than bearish.
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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.