The M5 and M15 time frames may have more false entry points.
FX.co ★ EURCAD M5: Inverse Head and Shoulder
Signal strength 1 of 5
EURCAD M5: Inverse Head and Shoulder
According to M5, EURCAD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 1.4907/1.4904 is broken out, the instrument is likely to move toward 1.4919.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade