TradeWithMky

usdcad short (retracement 50%)

Short
TradeWithMky Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
hello everyone
i said anything in chart but
The harmonic pattern shows that price is rising now
but my strategy based on
1 : fibonacci
2 : channel trading
3 : Trend lines and cut lines and fan lines
4 : overbought RSI : 71 H4

actually trade is opposite of Trend so i suggest Enter with at most 2% of your equity as SL
after retracement we are waiting to touch Spot D in harmonic pattern + touch top of channel

share your idea with me
also we waiting for more confirmations from EURUSD and GBPUSD
but over sold Rsi in GBpUsd shows that its time to retracement
You can also look at XAUUSD to find good short entry in usdcad
Trade closed: target reached:
First target reached
Comment:
Second target reached
Trade closed: target reached:
third target reached ! Close all ♥

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