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SilverTrader925

USDCAD Head & Shoulders

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
SilverTrader925  
FX:USDCAD   U.S. Dollar / Canadian Dollar
usdcadshort rsidivergence Head and Shoulders short
2
0
usdcadshort rsidivergence headandshoulders short
This looks a nice setup with the neckline as previous resistance.

Oil is at a major trendline if it rallies this should breakdown nicely ,as this pair is negatively correlated with oil.

RSI divergence supporting the fading momentum.

Be careful with the interest rate decision later if taking any trades.
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