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Mustapha87
Sep 12, 2017 6:52 PM

short Short

Euro Fx/Canadian DollarFXCM

Description

Dead cat bounce from current location
Bearish engulfing candles on weekly & daily charts

t1 - 1.42
t2 - 1.4

After we reach t2 we could look for potential long positions.

Comment

so far so good. I closed the trade in the meantime since I realized a nice 1:1 gain, I will consider re-entering with a sell stop order below recent lows.

Trade closed manually

Comments
fxCROWN
you are shorting buyers zone. I not agree
Mustapha87
@NikaLekishvili, You are right, but we will have to wait and see ;)
fxCROWN
@Mustapha87, you can't be so patient live and action trading.
Mustapha87
@NikaLekishvili, What do you mean?
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