TradingView
PP90_
Feb 10, 2016 2:06 PM

POSSIBLE SHORT USDCAD Short

U.S. Dollar/Canadian DollarFXCM

Description

TRADE = SHORT

1) RECENT HEAD AND SHOULDERS FORMED
2) RETRACEMENT TRENDLINE BROKEN WITH SPINNING TOP
3) PRICE BOUNCES OFF BULLISH TRENDLINE
4) 80 PIPS TAKEN AT FIRST ENTRY
5) PRICE CURRENTLY TOUCHING TRENDLINE AT 1 HOUR AND 4 HOUR TIMEFRAME


ENTRY ORDER - 1.3885
STOP LOSS -1.4111 (PREVIOUS HIGH)
TAKE PROFIT - 1.3632 (PREVIOUS LOW)
R:R - 1.36

FEEDBACK APPRECIATED
More