Short

# Potential short at a-b-c completion

88 4
If 5 of C to form the complex corrective sideways price action is really the end then this is the beginning of an impulse wave.
Even if it's another C wave - both can be vicious in there downward nature. Loonie likes to push the boundaries so the stops are larger but necessary to ensure a successful trade. Perhaps another pattern will emerge to target the entry with lower risk.
Taken out on stops @+22 or so . . . closed for another day
A little fine tuning . . . Have almost hit target 1 - Moving stops to +22 @ 1.0438. If it moves through there the trade will become invalid. If we break 1.0396 we may just see the bottom of the range @ 1.0285. Should the trade touch 1.0370 move stops to 1.0401.
Who was that other guy !!! I allowed him to let me second guess my trading plane ? Entered this trade 27 pips lower than my plan when I realized my longer term trade was invalid Moral of the trade: Plan your trade and " Trade Your Plan" --- Win or lose first, THEN, move on to the next trade. Don't let all the noise sway your plan ~~~~~ Even/ESPECIALLY if it is from yourself !

Price action has me questioning my analysis. At the very least the
sell entry, where A = C should be moved to 1.0476 which is dead on
the .786 retracement. However, the larger reach of the A leg and
the shallow retrace of the B leg have me thinking that the larger
degree (4hr chart) is in play at this time. Further analysis like that of
"Technician", "Night_Trader", "Windwaker" and others, has me
thinking an alternate count, perhaps an X wave, expanded B wave
or a final C Wave with an inside count of 5-3-5 is taking place.

This would take the entry up to the area of 1.0505/25 to complete
the A-B-C and a nice harmonic ab=cd end to a Gartley pattern.
(entry right in between the .786 and .886 fib chart post forthcoming)
Guess I'll have to take both trades or see if price action yields
more clues.
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