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abasmsd

Head & shoulder pattern and it's time to buy USDCAD

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
abasmsd Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis USDCAD
2
0
trendanalysis usdcad
Signal for buy
1. Doji candlestick & the bullish candle after that which confirm bullish trend
2. 61.8% Fibo of last bullish wave
3. right shoulder of H&S pattern

Buy = 1.304
SL = 1.294
TP1 = 1.32
TP2 = 1.335
Comment:
The price is near the stop loss, and the trade will be failed.
After that we can get the short position in the pullback.

snapshot
Comment:
We will wait for the pullback

snapshot
Comment:
profit = -100 pips
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