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FUNTRADER-Vera
May 21, 2017 9:01 AM

EURCAD: SCALP FOR 200 PIPS ON THE TOP. Short

Euro Fx/Canadian DollarFXCM

Description

Traders,

Follow a top channel to EMA100.

A clear RSI div on the top.

Short trade enter when channel broke and retest as the ABCDE show.

Less is more!

Comment

waiting for short entry.

Trade active

Comment

short enter 1.5188

Comment

short trade for the first 160 pips./

Comment

Trade closed: target reached

130 pips for the trade closed.
Comments
SamadeusM
STOP?
FUNTRADER-Vera
@SamadeusM, this is on your own. sorry.
Cevizkabugu
Thank you for kind update..
What is your opinion about the pullback level, do not you think that it may close the gab?
FUNTRADER-Vera
@Cevizkabugu, last top, or ext fibo 127 of this chart shows.
FUNTRADER-Vera
@FUNTRADER-Vera, but now seems like last top is the end of the pullback.
Cevizkabugu
@FUNTRADER-Vera, thank you..
FUNTRADER-Vera
@Cevizkabugu, :)) not a problem.
200pipstrader
I think divergence is applicable only on higher high and lower low not double or triple top(bottom)
FUNTRADER-Vera
@200pipstrader, Not really.
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