USDCAD HEAD AND SHOULDERS DROP
Pair: USDCAD
Timeframe: 1H , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, head and shoulder pattern
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Key Takeaway: USD is dropping significantly today and we are going to squeeze gains out of this retracement. Bounced very nicely off resistance on the right hand shoulder and seeing great bearish pressure now
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Level needed: need a close by 1.32775
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Trade: Short
RISK:REWARD 1:3
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 1H , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, head and shoulder pattern
—————
Key Takeaway: USD is dropping significantly today and we are going to squeeze gains out of this retracement. Bounced very nicely off resistance on the right hand shoulder and seeing great bearish pressure now
—————
Level needed: need a close by 1.32775
—————
Trade: Short
RISK:REWARD 1:3
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
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