SHORT USDCAD: head and shoulders pattern on overbought market

very overbought market on dollar cad.
rsi shows clear divergence.
looking left we see a nice rejection candle indicating strong bearish pressure around this area.
now we have a formation of a head and shoulders pattern.

wait and sell the retest of the neckline.

Initial target 1.344

Trade attivo

Commento:

Market is close to Target

Commento:

Stop to breakeven

Trade chiuso: obiettivo raggiunto