a line chart doesnt lie when it comes to breakouts, prices either break or they dont which is why i like seeing breakouts with a line chart. we are currently seeing consolidation on usdcad and i am expecting bears to break this trendline and possibly even the channel. if all goes as planned i would like to see prices reach my blue dotted targets. no sl zone is provided since there is yet to be a breakout. lets see if bears put in some pressure.
Comment
⋅
pending order about to trigger. i had placed below the last low.
Trade active
⋅
Comment
⋅
target 1 bout to hit. sl to break even if you got in at the top
Comments
DAVID_GIRALDO
⋅
we are ready to keep going. you can add postions here to the short