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WolfofElCerrito

USDCAD - Double Top / Head & Shoulders ? - Corrective structure

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
WolfofElCerrito  
FX:USDCAD   U.S. Dollar / Canadian Dollar
USD CAD USDCAD correctivestructure Double Top Head and Shoulders Fibonacci Retracement structure
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usd cad usdcad correctivestructure doubletop headandshoulders fibonacciretracement structure
Identify

- Bull Run seems exhausted
- Candlesticks aren't as strong

Predict

- If recent price action fails to make a new high than we might see some corrective structure
- Price action could only form a small flag and still push to make new highs past 0.5 Fib

Decide
- Counter Trend, so trading this is risky.
Empty your mind, be formless. Shapeless, like water.

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