attilakantorx

Short term buy long term sell USDCAD

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
My preconception is that USDCAD needs a retreacment before it can get back to the base of the H&S:
1, There is a huge FVG to be filled
2, RSI+Stoch oversold (hidden RSI bullish div.)

I would bet on the price going back till 1.346 Cause its FIB 61.2 + orderblock than all the way down to the bottom of the H&S 1.3
Disclaimer

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.