AJ_DeCarli
Short

What Is Going To Happen Next?

FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD             has recently broke a swing low (support) at 1.3226 which indicates that sellers may be in control of the markets. We might get the opportunity to hope short on a pull back that happens to form two advanced patterns.

We have a bearish bat pattern on a shorter time (15min) frame and a bearish cypher on a little bit higher time frame (60min).

If price pulls back into either of these levels I will look enter short with the thought that he downward momentum will carry us to new swing lows.
Trade closed: target reached: Lost money on the bat pattern but made it all back and some on the cypher sell.
Maybe this?
snapshot
Reply
AJ_DeCarli LucasPonzo
possibly, how do you typically build a case to enter the market? Are you looking for confluence?
Reply
Who cares about what's going to happen next?
Reply
AJ_DeCarli Alexander_Nikitin
I'm assuming you don't by your comment and profile? But depending on what does happen I might just have to enter a trade. Nonetheless, I do appreciate your mark douglas reference.

Cheers!
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out