sunnyk
Short

wedge breakdown CADCHF

FX:CADCHF   Canadian Dollar/Swiss Franc
37 5 1
setup ~ retest of wedge break down on 8 hr            
trigger ~ break of swing point low established on break of wedge

entry ~ 0.73012
stop ~ 110 pips
t1 ~ 110 pips, t2 ~ 220 pips, t3 ~ 330 pips
the trade has been triggered ... my stops are typically on auto trail. Based on price action exit in 3 stages or 3 sets of lots. Accordingly i may stall or change the way stops for the last 2 lots to trail. In the initial stages all 3 lots trail at the same rate as 1 pi price actionadvance
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this trade has required patience ... still holding ... price action retested the entry point and is now responding favorably
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reducing stops on the trade - price needs to move strongly now or will exit
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stops have been moved to break even ... other good cad trades opening up
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trade closed - exited at break even.
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