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olly_price
Jan 22, 2016 1:21 PM

CADGBP Mid-term short Short

CANADIAN DOLLAR / BRITISH POUNDICE

Description

I'm currently exploring a strategy involving hourly charts but I thought that it can't hurt to look at a daily chart for a bit of fun. So this is a longer term trade than the previous few I have posted.

Looking for a bat pattern to set up at around 0.4998, going short at the .886 retracement which can be seen above. Also a nice amount of previous structure support to support the stop loss.

Hope u like this, let me know what you think.

Trade active

Trade closed: stop reached

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