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meister_keith
Jul 21, 2019 3:22 PM

UCAD Is Heading To 1.29900 Weekly Demand Level Short

U.S. Dollar/Canadian DollarFXCM

Description

1st trade:
Price pushed up into a broken support now resistance for a retest then started to pull down so i took a sell with my SL above the previous H4 high.
I closed the trade in a loss once i saw a bullish H4 candle, this trade was invalidated.

2nd trade:
Price pushed up into an M30 resistance level for a retest then rejected with a confirmation on M30.
I took a sell on the next H4 candle open with my stop loss above the H4 supply level.
I saw price continue to push up in momentum because the dollar was strengthening due to a speech given so i manually closed my position and waited for things to die down.


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