New trade on, short side

I have short biais on this pair since mid january.
bearish structure and the pair has reached a nice resistance area.
Many confluences and nice price action signal

I keep my trading simple, no indicator, only price action and fundamental analysis!
I trade major key levels with price action strategy.
Trades on 4h chart with 1.5R, no need to do more.

You can check my trades history on my myfxbook journal :
www.myfxbook.com/mem...onal-account/9901433

Comment:

I extended SL and TP, risk is still ok
Trader are just taking their profit, I will open a smaller short position maybe

Comment:

there is no reason this pair goes higher

Comment:

A rising wedge has formed, will it breakdown and break 1.4370 support ?
Tomorrow, Canada CPI and retail sales data will be released.
In my opinion, CAD should gain strength

Comment:

EUR is weakening on bad manufacturing PMI data

Trade closed manually:

CAD data weren't good enough, i'm closing before it goes higher and hit my stop