looking for a buy position on USDCAD
Price stopped on support area after forming a clear bearish h&s pattern .
Well that is a great situation to look this pattern fail.
If this pattern will fail then we just got us a nice buying opportunity with low risk and high reward.
So, the plan is to buy this pair in a smaller time frame with another failing pattern...
Best of luck :-)
Well that is a great situation to look this pattern fail.
If this pattern will fail then we just got us a nice buying opportunity with low risk and high reward.
So, the plan is to buy this pair in a smaller time frame with another failing pattern...
Best of luck :-)
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attached 1H chart :