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FXShinobi

USDCAD LONG OPPORTUNITY

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
FXShinobi Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns USDCAD usdcadlong
5
1
trendanalysis harmonicpatterns chartpattern usdcad usdcadlong
Price at the bottom of a possible descending triangle pattern. Strong pinbar on the H1 a couple hours ago. R:R of 1.5. Wait for close of the hour to enter!

I will be observing what price does if price reaches the top of the descending triangle pattern - stay tuned.

Trade Criteria:

Price Action: Pinbar
Technical Analysis: Descending Triangle
Volume: volume spike on the pinbar
Risk:Reward: 1.5
Trade active
Comment:
Still holding here guys price is starting to move up
Trade closed manually
Comment:
Looks like we closed a bit early! All good as long as our capital isn't going down I'm happy.
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