maoooooo

USDCAD; Four-hour chart!

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maoooooo Uppdaterad   
FX:USDCAD   USA-dollar/Kanadensisk dollar
As you see, after that the chart made the pattern of head and shoulder, the price has been plunging to a pivot point, which is 1.22892 then bullish trend move up to a psychological zone (1.30000), I can see a double top pattern in 4 timeframes and see a false breakout as well, take into account that senior and the way market behaves to the price at that zone (psychological zone) I would expect that the price goes into the downtrend; however, the first zone to be supported would be both price 1.28454, 1.27650.

Feel free to share your views and ideas.
Kommentera:
The price is coming to the target.
Kommentera:
The price has reached the target.
Safe trade.
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