UC SELL Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Jul 22, 2015 9:09 AM

AFTER YESTERDAY'S BEARISH ENGULFING D1 CLOSE.
WE SHOULD LOOK FOR SELL ON ANY PULLBACK.
HERE IT IS, BEARISH PIN BAR SPOTTED ON 30MIN TF @ 78.6% OF YESTERDAY'S MOVEMENT.

JUMP IN FOR A SELLING OPPORTUNITY WITH STOPS ABOVE 100% AND AIM FOR AS LOW AS YOU WANT.

D1

Comments

PriceActionTrading

⋅ Jul 22, 2015 12:52 PM

Spiked out. SL hit.

moneymaking

⋅ Jul 22, 2015 12:54 PM

I think this is a stop loss hunting event move.

IvanLabrie

⋅ Jul 22, 2015 12:56 PM

Yes, one more leg up.

PriceActionTrading

⋅ Jul 22, 2015 12:59 PM

You are right money making. There are no sign of USDJPY USDSGD movement. Just purely canadians having too much time on their hands...

PriceActionTrading

⋅ Jul 22, 2015 12:59 PM

I will look for opportunities on 15MIN - 1HR to short once more.

IvanLabrie

⋅ Jul 22, 2015 1:08 PM

Crude oil stocks change, I can smell the top here. Waiting for confirmation will be better.

PriceActionTrading

⋅ Jul 22, 2015 1:09 PM

Thanks ivan.

IvanLabrie

⋅ Jul 22, 2015 1:14 PM

ChatchaiVong

⋅ Jul 23, 2015 2:13 AM

thank so much

PriceActionTrading

⋅ Jul 23, 2015 1:02 AM

Yesterday's D1 close above 1.3000 pysch round number key level. Im considering the possibility that it is a false break. To confirm the false break, today's D1 must close below 1.3000. H4 shows bearish pin bar with RSI divergence.