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RaynLim

USDCAD - Head and Shoulders

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
RaynLim  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Head and Shoulders Chart Patterns Candlestick Analysis askforex100 USDCAD Candlestick analysis rsidivergence rsioverbought
2
0
headandshoulders chartpattern candlestick askforex100 usdcad candlestickanalysis rsidivergence rsioverbought
Well, a Potential Head and Shoulders on the USDCAD formation as a Weak Bearish Trend setup that meets my rule. In this round, the stop-loss has to be above the head with buffer.

You are welcome to chime in the reason why I do that, instead of the usual right shoulder.
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