TRDVMA

An interesting Profit Taking today

FX:USDCAD   U.S. Dollar / Canadian Dollar
9 0 1
Today we made a trade with profit. I would like to share with you the setup for this trade.

For Entry:

-Trendline bounceback
-ABC Formation
-Thrust
-hitting support (green rectangle )
-price accumulation

For Exit:

-Triangle Violation
-5min trend violation
-Brent Oil             breaks the resistance line
-Major Resistance (red rectangle )

At the same time we were watching constantly the oil             and USD Index. It was a fairly quick in and out. For the exit, especially the simultaneous triangle and 5-min             trend violation was the trigger

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