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USDCAD > Confirmed Bearish HS, Looking for Short Entry

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Analysis of #USDCAD

Hi traders, today we will have a look at #USDCAD

The USDCAD formed a confirmed bearish head and shoulder pattern, for me this is a valid reversal head and shoulder pattern ;), since we have a confirmed break out of the neckline I am only looking for a sell entry now.

As you can see on my chart, i am looking to sell at the right shoulder level where i have fib 38 golden levels, also key market level 1.3500 sharp, all will make a good level to start looking for a sell entry


I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one

Thanks for your continued support!

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