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RizeSenpai

Inverse Head and Shoulders: Channel Breakout Soon?

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
RizeSenpai Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators ihns Bullish Divergence earlyentry
2
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trendanalysis chartpattern indicator ihns bullishdivergence earlyentry
We got Daily Bullish Divergence on both the RSI and MACD and are at a potential Right Shoulder of an Inverted Head and Shoulders Pattern.

I would long here and set my stop below the last low.

Profit taking at the 38.2% Fibonacci retracement.
Trade closed: stop reached

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