USDCAD - 2.618 and Inverted H&S chance

16 jul 2018

There's a chance to buy on 2.618 on USDCAD.

Plan :
1. Wait the price until it reached the Buy Zone (purple rectangle) then wait the reversal signal
2. The TP would be the completion of Inverted H&S, we can take all profit there or just some profit then move the SL to breakeven
3. Wait for breakout signal on the H&S to Buy again

Comment to let me know your thought.

Thanks

17 jul 2018

Operación activa

Price nicely react to the support level, good to buy.
Remenber to use your risk management strategy

17 jul 2018

Operación cerrada: objetivo alcanzado

TP for the first trade reached.

Completed the H&S pattern. Trade setting:
- Aggresive : Buy Now
- Not Aggresive : But when the price break the H&S resistance

17 jul 2018

Nota

Created new idea about the H&S pattern, will be update that idea for the H&S instead of this.