Looks to be forming a quick patterns for an easy 50 pips will see how it plays out. Looking for a closure below the blue line; around or in the pink box.
Potential short on USDCAD with a H&S pattern forming on the 15m timeframe. We can also see we have a slight trend line downtrending on higher timeframes.
ENTRY:1.30920
TP1:1.30793
TP2:1.30677
SL:1.30963
Would wait for bearish confirmation before entrance.
![EURAUD: EURAUD [SHORT] 50 pip H&S](https://s3.tradingview.com/q/QMpQgSe9_mid.png "EURAUD [SHORT] 50 pip H&S")
