Sell Opportunity for USDCAD.
Double Top with rejection.
On HTF a M pattern is forming.
ON LTF the Right shoulder of an Head and Shoulder pattern is forming.
We expect the price to move up and to go towards a Resistence at area 1.2987 where it may find rejection and drop, allowing us to execute the trade.
Double Top with rejection.
On HTF a M pattern is forming.
ON LTF the Right shoulder of an Head and Shoulder pattern is forming.
We expect the price to move up and to go towards a Resistence at area 1.2987 where it may find rejection and drop, allowing us to execute the trade.