Textbook head & shoulders in USD/CAD

Okay, so maybe it's a little rough around the edges but it looks like collapse is imminent. It's currently halfway through the throwback stage.

It looks exactly (more or less) like the one which formed in GBP/JPY last December. The pair is now down 2000 pips. (unless my math is wrong)
 
High and Low in a continous way for this week

copy from "=" into Excel
will compute the Low and High

Try it


High=-17343.6894374112+NOW()*0.593341696258762+NOW()^2*3.26916868138082E-06+NOW()^3*-1.81617301068035E-10+2*0.00622900515216043


Low=-24498.4556392443+NOW()*0.838638929779898+NOW()^2*4.59420795006044E-06+NOW()^3*-2.56287099603126E-10-2*0.00588617477868762
:D
 
Back
Top