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JeanConsole
Aug 29, 2016 2:24 PM

Wedge close to trendline resistance Short

U.S. Dollar/Canadian DollarFXCM

Description

Price has break to the downside of the ascending triangle in the daily chart, using as rising trendline the May 2016 lows, now price has reach the trendline from the downside and it should act as resistance.

I entered short on the doji candle, also used the Deep Crab on the 5M as confirmation.

Keep it simple, and focus on the process

GL

Twitter: @JeanC680
Jean

Trade closed: stop reached

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