Possible Head and Shoulder reversal pattern found on a Bullish Market for USD/CAD.
Will be watching price action to see if it can break the T.L and retest to the 61.80% fib level before entering for a possible short.
Will also keep an eye out on DXY as on the H4 there looks like a rising wedge/triangle and as a result can break out in either direction.
Will be watching price action to see if it can break the T.L and retest to the 61.80% fib level before entering for a possible short.
Will also keep an eye out on DXY as on the H4 there looks like a rising wedge/triangle and as a result can break out in either direction.