madsroland
Short

Head and shoulder pattern

FX:USDCAD   U.S. Dollar / Canadian Dollar
We have an head and shoulder pattern on a 5M chart (not 15M as this one) USDCAD             . It could be that it makes a small reversal after crossing the neckline to test it. Thereafter we could see a drop to 1.34421. Since it had such a strong up trend the last two days it could go event further down to 1.33940.
A good pattern, I almost forgot about it. Thank you!
Reply
madsroland PRO AlekseiFundarenko
@AlekseiFundarenko, yes it is really great and in this case it turn out to be really successful :)
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out