USDCAD Break up invalidate the idea

FX:USDCAD   U.S. Dollar / Canadian Dollar
3258 9 82
Simple idea. No need to use fancy stuff and artificial tools if break idea will be invalidated.
Comment: Breakdown of this corrective structure is possible. Those who missed this setups please dont chase running candles wait for correction and then look for sell.
Comment: Nothing has changed idea still in play. If price break up then i will look for change in pattern and structure.
Comment: Price trying to break up but every time price tried it failed. i am expoecting breakdown look for sell on breakdown if you are not in.
Comment: Broken down with very strong impulsive wave. I trend continuation patterns appears like flag then look for more sell and use reasonable stop loss dont use tight stop you will like be stopped out from the market.
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cheers and thanks
you always update us , thank you mate
Wave-Trader GoldHunter
My pleasure mate
Wave-Trader BrunoSalles
yup agree
spot on ...same idea entered@ 1.32360.Thanks.
+1 Reply
Good Luck
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