Fake Breakout of the inverted H&S for EURCAD

Here is an example for a breakout of the neckline of an inverted H&S for EURCAD.
Good luck,
KHAN

Kommentera:

It is a fake break out as all D1, W1 and M1 shows price divergence. We should see a good fall for this pair in the coming days...

Kommentera:

Here is the Monthly EURCAD.
s3.tradingview.com/s...shots/o/OqqJK1T3.png

Kommentera:

1.4482 comes up next which gives you 69 pips of profit from the entry point 1.4551.

Kommentera:

Now all the way to 1.4400