USDCAD SHORT: Overbought market and channel

Aggiornato
istantanea

on 4h usdcad is approaching a resistance line of a rising channel
formation of head and shoulders pattern on 1H chart confirms the potential reverse and drop to channels support.
I have shorted the pair:
T1 - 1.324
T2 - 1.320
Nota
Market has retraced from right shoulder
Trade chiuso: obiettivo raggiunto
T1 reached
Trade chiuso: obiettivo raggiunto
Both targets reached
CADcanadiandollarChart PatternsdollarForexshortTechnical AnalysistradingTrend AnalysisUSDUSDCADWave Analysis

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