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Roker1
Nov 30, 2017 10:15 AM

Short setup on USDCAD Short

U.S. Dollar/Canadian DollarFXCM

Description

Hey guys,

here on USDCAD we've just completed a Gartley formation on the 4hr timeframe. Obviously this D point lies right at the daily structure zone that you can see looking left. Now, given the circumstances i didn't take this trade yet but i'm waiting some kind of confirmations on the lower timeframe (hourly) or in this timeframe in form of a candlestick or something like that. RSI is already in overbought condition so i think the clues are all there. We just miss the entry trigger. Let's see, keep you updated!

If you have questions/ideas, feel free to share.
Otherwise, see you in the next chart!

Comment

Let's see how price will react at the retest of the hourly highs, if it holds, it could be a 'sell':
Comments
Sharecrazy
Triggered , Thank you
Roker1
@Sharecrazy, welcome! Good luck :)
scorpiousg
Nice trade call. Congrats.
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