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FX.co ★ USDCAD M5: Inverse Head and Shoulder

USDCAD M5: Inverse Head and Shoulder

Inverse Head and ShoulderAccording to M5, USDCAD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 1.2310/1.2308 is broken out, the instrument is likely to move toward 1.2323.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph