USDCAD - Head and Shoulders

A head and shoulders formation coupled with RSI Divergence give a strong call for me to engage another shorting trade. A long shadow candle would help me to make that tough decision. On top of that, I still have my existing shorting trade on bearish shark and bearish crab harmonic patterns engaged. Shark Pattern and Crab Pattern are the harmonic patterns that potentially drives lots of profit and at this moment it is at a risk-free zone(I'd shifted my stops to entry).

Which means every pip the market move towards my target(down) I earn double and if the market move against me i lose single.

評論:

A break and close below the neck-line on the head and shoulders pattern, give additional security to the setup.

交易進行:

SL: 1.3333(-8)
With the newly adjusted stop, it net off the risk from the previous running trade