SHORT USDCAD: head and shoulders pattern on overbought market

very overbought market on dollar cad.
rsi shows clear divergence.
looking left we see a nice rejection candle indicating strong bearish pressure around this area.
now we have a formation of a head and shoulders pattern.

wait and sell the retest of the neckline.

Initial target 1.344

Handel aktiv

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Market is close to Target

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Stop to breakeven

Trade stängt: målet nått