FullTimeTrader
Long

USDCAD-correction starting

FX:USDCAD   U.S. Dollar / Canadian Dollar
1676 5 37
Hello, this trade is based on previous idea:


- Price is reacting to the zone and extreme divergence is "in".
- According to EW price possible completed a 5-wave             sequence.
- spike is showing rejection

On fridays many traders usually take profits and leave the market, we must take advantage of that (think different!!)

If nothing dramatical happens with oil             this could be a nice chance to make some extra pips.

Best regards.
Comment: First target hit, moving SL to BE
Comment: Second target hit. For last target i recommend using your prefered trailing stop management.
hello, possible H&S pattern on H1. what do you think?
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Im trading this on H4 chart, its better not to look other TF because we get confused. regards.
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thanks, made some money on this, since it is friday i got out early, don't want to stand in for the weekend lol
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FullTimeTrader aeu.webmaster
Great!! i will take some profits and leave the rest over the weekend. Regards.
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Good:) We can hope a stedy pace in oil. But with oil we can never be 100% sure
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