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pjgonzales

Potential INVERSE H & S on USDCAD

Long
U.S. Dollar / Canadian Dollar (FOREXCOM:USDCAD)  
pjgonzales Updated   
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis usdcadlong USDCAD Inverse Head and Shoulders LONG
2
0
trendanalysis chartpattern waveanalysis usdcadlong usdcad inverseheadandshoulders long
I am hoping most USD pairings go up during the FOMC minutes meeting tomorrow and USDCAD has a nice inverse head and shoulder set up. I will be looking to put a long if it breaks through the neck line and will be waiting for a pull back.

If this chart helped at all, leave a like.
I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA.

DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA.

Good luck to everyone!

Comment:
It is now at the neckline, now waiting for a major pullback before Bank of Canada rate decision then I will add my longs.
Comment:
After* rate decision.
Comment:
Wow I botched all that up, I mean Canada CPI.
Comment:
TP hit
Trade closed: target reached
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