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analitykFX
8 jan 2017 22:33

USDCAD - big short possible Kort

U.S. Dollar/Canadian DollarFXCM

Beskrivning

This uptrend since few months for me looks like correction before next down impulse. That's why I am prepare for 2 scenario.
Sell stop below trend line and sell limit close to the top where 0,61 fibo is. Right now as you can see we have strong resistance near 0,50 fibo.

TP's are on pic.

Kommentera

Price made a nice trendline re-test so now we have position with just amazing R:R !

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here we go :)

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TP1 reached, now get ready for next wave after correction:

Trade stängt: målet nått

TP2 reached
Kommentarer
jojofang0901
Beautiful trade setup, thank you for sharing your view. I have similar idea as well on this pair.
analitykFX
@jojofang0901, Thanks !.
Mer