My preconception is that USDCAD needs a retreacment before it can get back to the base of the H&S:
1, There is a huge FVG to be filled
2, RSI+Stoch oversold (hidden RSI bullish div.)
I would bet on the price going back till 1.346 Cause its FIB 61.2 + orderblock than all the way down to the bottom of the H&S 1.3
1, There is a huge FVG to be filled
2, RSI+Stoch oversold (hidden RSI bullish div.)
I would bet on the price going back till 1.346 Cause its FIB 61.2 + orderblock than all the way down to the bottom of the H&S 1.3
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