Butterfly on USDCAD Completed - Update

After a grueling wait, the USDCAD butterfly is almost complete. Price testing reversal zone. PRZ clearly mentioned in the chart.

Make sure to open the trade on the reversal from PRZ. Not while it is approaching the PRZ.

Some historical reversal points are marked with green lines for better judgment.

Stoploss @ 1.3375.

Major support down at 1.3180... Hopefully, the price will reach there. So make judgments on entry and exit carefully...

Kommentera:

Partially closed from 1.3364 to 1.3374... 90 pips..

closed 80 % of the position @ 1.3240 from 1.3354... 114 pips

Kommentera:

will close remaining at 1.3180

Trade stängt: målet nått:

Closed the remaining 20% position from 1.3354 - 1.3164... about 190 pips...

finally completed the trade...

extremely happy with the way things went...