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mulinlou24
Jul 5, 2016 9:38 AM

USD/CAD  Short

U.S. Dollar/Canadian DollarFXCM

Description

potential short based on retest of bearish OB, SIMPLE SHORT

Trade active

Trade closed manually

Comments
mulinlou24
I made a mistake of not looking at the higher time frame analysis and just based my entry on the 60min, if you looks at the weekly time frame you will see that there is a bullish engulfing bar, which has a pullback, with a bullish order block, which I did not for not paying enough attention. Having the ability to know when you are wrong is crucial here and limiting your losses.
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