Confirmed Pattern on H4 USDCAD
A Head and Shoulder Pattern is seen to be completing on the 4hr TF on USDCAD. My anticipation,for a reduced risk entry, we will be looking for a long entry on the breakout of the Head and Shoulder pattern or a long market execution right now for a risk entry.
The pair also looks to be in a corrective phase after the previous impulse to the upside meaning we should be anticipating another aggresive move to the upside.
The pair also looks to be in a corrective phase after the previous impulse to the upside meaning we should be anticipating another aggresive move to the upside.
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