USDCAD Possible 4hr H&S Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Aug 11, 2019 1:13 PM

Chart speaks for itself. Could be seeing about 200 pips downside on USDCAD. Maybe even more but that's for the future. Forming a head and shoulders at the 1440 EMA and rejecting 200 EMA on the daily. Leave your thoughts below.

Trade active

⋅ Aug 12, 2019 12:24 PM

Sell active from 1.3240

Comments

Bullandbeartrading

⋅ Aug 12, 2019 12:56 AM

I like your short analysis, great!