USDCAD PENDING SELL

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PENDING SELL OPPORTUNITY

LOOKING AT A HEAD AND SHOULDER MARKET PATTERN

**WAITING FOR PRICE TO BREAK NECKLINE**

REJECTING OFF STRONG RESISTANCE
USING 21/8 MA/EMA CROSSOVER
RSI SHOWING DIVERGENCE, PRICE IS OVERBOUGHT GETTING WEAKER
DAILY CANDLE STICK PATTERN EVENING STAR
Ghi chú
PRICE BROKE NECKLINE. ON THE RETEST IT SHOWED IT WAS A FALSE BREAK OUT. WE CAN TRY TO WEAVE OUT THE FAKE BREAK OUTS BY WAITING FOR A RETEST FOR EXAMPLE.
Head and ShouldersTechnical IndicatorsSupport and Resistance

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