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andrefx24

USDCAD SHORT LOTS of confluences. 7.5 Risk-Reward Ratio

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
andrefx24 Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Chart Patterns Technical Indicators Trend Analysis USDCAD usdcadshort downtrend Bearish Patterns weakness priceaction Fibonacci Retracement
4
0
chartpattern indicator trendanalysis usdcad usdcadshort downtrend bearish weakness priceaction fibonacciretracement
Dollar getting weaker every month, clear downtrend, re-testing resistance and the FIB 'Golden Zone' (bearish engulfing candle on resistance too), potential head and shoulders pattern and clear 3rd touch of a clear trend-line. Overall bearish fundamental bias as well. We have all the confluences in one single trade x)
Trade active:
Stops to breakeven, Closed 40% of the position. Letting the rest run.
Comment:
BE Stops hit. Still had nice profits :)
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