Head and shoulders forming but on 1hr a bat pattern with supported direction of 200 ma which is going down. as for currency strength cad is pointing in up direction while euro is about to go down on 4hrs time frame while in 1hr Cad is already the strongest currency
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USDCAD
MA is in the Middle in 1hr while in 4hrs about to go down
Head and shoulders forming better trade on break out or near sellers area, structure has been form High lower high so finding the lower low or equivalent.
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EURJPY
MA 4hrs is in the middle which currently foring a triangle pattern. however since the fab is exactly .618 so a potential perfect abcd pattern will be forming. Looking forward to start the right shoulder which strongly advice to wait for the rejection
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Divergent Head and shoulders forming
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