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Sankapathum
Apr 30, 2019 7:58 AM

USDCAD - SELL 4HOUR (Classic Butterfly Pattern) Short

U.S. Dollar/Canadian DollarFXCM

Description

Nice Classic BUTTERFLY SELL Pattern formed in USDCAD.
We missed the original entry but now it could be traded as trend continuation.
Reward/Risk = 3
145 pips of profit potential.

Trade active

Comment

Target 1 filled. Took 50% of the profit and moved stops to break even

Order cancelled

Got 60 pips of profit. Moved stops to a lock in some profits considering the structure of the market and stopped out. Still this was a good profit.
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