geckotrade

Possible Head and Shoulders completion

Long
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
Although we had a strong bearish rally last month, we are still technically in a bullish trend if you look at the Daily and Weekly timeframe. This move down seems to just be a pullback. There's a potential head and shoulders pattern near completion. I'll be waiting for a breakout and then a buying opportunity at a retest of structure.
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