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Realisto_FX
Jun 1, 2015 6:27 PM

USDCAD : Retracement or reversal Short

U.S. Dollar/Canadian DollarFXCM

Description

I´m considering that USDCAD has experienced a few days of retracement till today, so we are in a ABCD pattern. If we have a higher high above today´s top , scenario will be invalidated and I will reconsider a long position. SL above 1.26 on a daily close

Good luck

Josep
Comments
Realisto_FX
UPDATE : Stop profit hit @ 1.235 . Tomorrow new trade
Realisto_FX
UPDATE : I move Stop to 1.235 to secure 100 pips
Realisto_FX
UPDATE : Accelerating the downside. This is how I like the trends to develop, trading doesn´t need to be stressful .
Realisto_FX
UPDATE : Move stop to 1.245 to lock in profits
Realisto_FX
UPDATE : Move stop to break even . No risk on this trade
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