The USDCAD pair has encountered a resistance zone and has subsequently retraced, forming a bearish head and shoulders pattern. This could potentially lead to a downward movement towards the target levels indicated in the analysis, following a significant bullish trend.
Please note that this is merely a trading idea and not a signal. It could either succeed or fail, so I encourage you to conduct your own research and analysis before making any trading decisions.
Please note that this is merely a trading idea and not a signal. It could either succeed or fail, so I encourage you to conduct your own research and analysis before making any trading decisions.
Comment:
I secured 80% of my profit @1.36892 and moved my SL to BE
Trade closed: target reached