USDCAD Sell Opportunity with +1800pip Short Target (Longterm)

See the screenshot from monthly timeframe below. We are trading against a prominent inverted Head & Shoulders pattern which has clearly broken the neckline and completed a successful retest. Therefore, I have taken a small position of 0.25% capital risk and if price action permits, I will look to add this position at a later stage.

Monthly Outlook:

Caution - Inverted Head & Shoulders:

Bình luận:

+270pips... slowly but surely!