TradingView
Retuka
Sep 20, 2022 11:32 AM

USDCAD HEAD AND SHOULDERS DROP  Short

USD/CADOANDA

Description

Pair: USDCAD
Timeframe: 1H , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, head and shoulder pattern
—————
Key Takeaway: USD is dropping significantly today and we are going to squeeze gains out of this retracement. Bounced very nicely off resistance on the right hand shoulder and seeing great bearish pressure now
—————
Level needed: need a close by 1.32775
—————
Trade: Short
RISK:REWARD 1:3
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
More