FX:USDCAD U.S. Dollar/Canadian Dollar
Hey traders! I like a short position here as we're riding a and there's a missed below price. On the , we have a big candle following a , a clearcut reversal pattern. I want to be short on the pullback toward the completion of a . If price breaches SL but does not hit invalidation level, I may re-enter depending on price action. After target is achieved, I want to continue short toward missed weekly unless price action shows signs of bullishness. Happy trading!
Trade active: NOTE: This is now active but with new entry and SL. A triangle has been completed, which is our indication of bearish continuation. Therefor, entered at completion of wave-e with SL above peak of e. Same target. Happy trading!