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glennmercer
Oct 6, 2016 2:53 PM

USDCAD Triangle Complete: Selling off WAVE-E Short

U.S. Dollar/Canadian DollarFXCM

Description

Hey traders! We have a triangle complete here on USDCAD. Great setup here toward the bottom of the expanding symmetrical triangle (or LOWER). SL is set tightly above highs. Happy trading!

Trade active

This one is looking promising as well. I want to set to B/E shortly. I'll wait for second wave to complete first. Cheers!

Comment

I'm moving stop to B/E on this one too ladies and germs. We're risk free again. More updates later today

Trade closed manually

Closed at breakeven! I'm likely sitting on the sidelines until news passes over. Good luck and happy trading to all
Comments
Ignat_Borisenko
Hi! I think it's against the rules have an impulse in wave {w} and a triple zigzag in wave {y}
glennmercer
Yes! Great catch Ignat. I originally marked that as an impulsive move but re-evaluated it as a triple three I believe and forgot to delete the impulse count. I will double check tonight. That's why its great to have another set of eyes on your work. Cheers buddy.
piptamil
Thanks Glenn....
glennmercer
No problem there piptamil, thanks for the support!
ForexPassion
this order is still active ?
glennmercer
Hi Siva, no. It has been closed at breakeven.
Hanu727
Hi Glen, Is this trade still active?
glennmercer
No, this one has passed. Cheers
piptamil
Any thoughts on silver glen??
PrecisionFXtrading
Saw this one late but im in
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