USDCAD Short: Long term hold (661 Pips)

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Since price broke the bullish resistance on May 19 I'm expecting price to go up when it reaches 1.38507.
If everything goes as said in the technical analysis a Head and Shoulders pattern will be formed and price
will later on breakthrough to the downside when the bears once again have pushed the price down to 1.38507
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Correction: I will enter this trade when it reaches the head at approximately 1.40262.
Chart PatternsDescending TriangleTechnical IndicatorsTrend Analysis

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