Update on USDCAD: Recently failed to make new structure highs on lower timeframes, therefore expecting retest of the recent lows. The pair forms a nice potential high probability entry signal in form of a bearish Cypher pattern. Stop and Targets as shown, but follow your plan and rules of engagement!
Based on missed opportunity to form H&S I adjusted the targets to standard and not TCT rules. This adjustment fits my personal rules which you should think about as well.
Target 1: 1.3121 Target 2: 1.3083
Comment
⋅
Target 1 hit. Moved stops to breakeven for remaining second half of position.