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glennmercer

USDCAD 15m Short: Potential Bat Complete w/ Triangle Wave-(E)

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
glennmercer Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD CAD glennmercer gmercerfx wavecount Triangle Bat EW
17
0
usdcad cad glennmercer gmercerfx wavecount triangle batpattern ew
Hey traders! Here's a quick 15m trade I may be taking. The confluence isn't perfect, so I'll be looking for some overshoot of the symmetrical triangle before the drop toward target. Updates to come!
Trade closed: target reached:
Nice win here overnight. Trade triggered since I account for spread with a slight amount of padding on pending orders. I'm going to look for longs around current levels. I will update with an new chart.
snapshot
Comment:
Also, check out the wave count on OIL:
OIL WAVE COUNT: TRIANGLE COMPLETE, Watch for Wave-((I))-of-3!
Comment:
Long position active!
USDCAD LONG: Wave-((b)) Looks to be Complete!
Comment:
Long worked out as well, short bias now. Check ideas for more info. Cheers

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