Daily Bearish USDCAD Head & Shoulders pattern

Von forexmilitia
Aktualisiert
A head & shoulders pattern has formed on the USDCAD and a brakeout occured on Jan 11 2022. We are now at a retest of the neckline, a Stoploss should be set above the right shoulder and a Takeprofit @ 1,2265.
Trade ist aktiv
I'm reducing the size of my position by half, ahead of the Fed Rate desision and moving my stoploss to breakeven +20.
Trade geschlossen: Stop wurde erreicht
breakeven +20 hit
bearishheadandshouldersChart PatternsTechnical IndicatorsshortusdcadTrend Analysis
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