TayFx

UC Trade Setup ((Inv H&S) 03:17:01 (UTC) Fri Feb 7, 2020

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
I was thinking about executing on USD/CAD but sat on my hands earlier for good reason — Waiting for the news to bring into price action during the Asian session. I think that previous resistance of 1.13321 during the U.K session. I, therefore, am looking for a push higher, followed by a pullback, where it will then retrace back up, where we THEN look to execute short. This is the highest form of strategy to use, and I can assure you it would give us a give us win if said sequence of execution occurrences.

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