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nkanven
Dec 28, 2016 9:26 PM

Update on USDCAD chart Short

U.S. Dollar/Canadian DollarFXCM

Description

Pair is slowing forming a double top formation after a moving up in a range since may 2016. It might be the beginning of a good short trade (end of trend or just pullback to support level?) . Whatever the situation, The next 3 candles with determine if I short the trade or not.
Attention to the channel resistance level, price may shoot to test it...

Comment

Hello guys! It's time to go short for me...

Comment

The short trade was profitable. Now, I'm looking for a long trade. Any bullish candlestick formation will be enough for me to go long
Comments
nkanven
Am waiting for a pullback to go short again on this trade. Aggressive traders can go short rigth now. SL at 1.33 will be reasonable
nkanven
Take profit reached! 414pips on this trade...
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