SHORT USDCAD: head and shoulders pattern on overbought market

very overbought market on dollar cad.
rsi shows clear divergence.
looking left we see a nice rejection candle indicating strong bearish pressure around this area.
now we have a formation of a head and shoulders pattern.

wait and sell the retest of the neckline.

Initial target 1.344

Zlecenie aktywne

Komentarz:

Market is close to Target

Komentarz:

Stop to breakeven

Transakcja zamknięta: osiągnięto wyznaczony cel