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abasmsd
Sep 16, 2018 5:59 PM

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

U.S. Dollar/Canadian DollarFXCM

Description

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.

Comment

We will wait for the pullback

Comment

profit = -100 pips
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