VolveFX

USDCAD - Complex Head & Shoulders Pattern

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VolveFX 已更新   
FX:USDCAD   美元/加元
USDCAD showing a Complex Head & Shoulders pattern with 2 heads and 2 shoulders.

  • Two heads appear as pivot points, so resistance there is strong.

  • On friday price was just above the neckline and today sunday it opened just below so we enter the trade in a sell position

  • 4 x EMA & MA shows clear downtrend

  • Measure from top of the pattern to the neckline and project that for TP2 (just above mayor zone)

  • TP1 above minor zone. SL above last Lower Low that match a Pivot Point



交易结束:到达止损:
SL hit. Should have set it above right shoulder. Will enter another trade at a better price.
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