here is my usdcad short setup
its based on following rules:
- currency strength, usd very weak / cad also weak but strongest of weak currencies
- started building a W formation on 1st september and completed it on the 07th of sept.
- didnt broke the highs of 7th sept. and finished it with a double top
- started to beginn formating M formation, on which last leg i put my short idea
- will we see a break of the weekly pivot ? or will market turn out bullish moves ? we will $$ee
its based on following rules:
- currency strength, usd very weak / cad also weak but strongest of weak currencies
- started building a W formation on 1st september and completed it on the 07th of sept.
- didnt broke the highs of 7th sept. and finished it with a double top
- started to beginn formating M formation, on which last leg i put my short idea
- will we see a break of the weekly pivot ? or will market turn out bullish moves ? we will $$ee
Trade closed: target reached:
yippi