Get started
exp3r13nc3

H&S to get shorts trapped at the bottom or more downside to come

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
exp3r13nc3 Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Head and Shoulders USDCAD usdcadlong usdcadforecast usdcadanalysis usdcadbuy usdcaddaily usdcadsetup
1
2
headandshoulders usdcad usdcadlong usdcadforecast usdcadanalysis usdcadbuy usdcaddaily usdcadsetup
USDCAD is painting a clear head and shoulders pattern. It hasn't break the neckline though.
the question is: is there more downside to come, or is this a trick to get shorts trapped at the bottom?

I'm long as long as the neckline isn't broken. we'll see.
Trade active:
Running 20 pips in profit. stop will be below the neckline.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.