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TradeWithWayneYia

USDCAD H1 Bear Butterfly

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
TradeWithWayneYia Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
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Big time frame downtrend, for those who missed the weekly Bear Bat on my previous post, this is a potential retry point.

Entry: 1.3370
SL: 1.3407 (-37pips)
TP1: 1.3301 (+69pips)
TP2: 1.3254 (+116pips)

To consider extended target based on my analysis on the weekly chart:
USDCAD Weekly Bearish Bat

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Comment:
Miss entry by a few pips.

Will remove my pending order and observe if there is a second entry at this price level.
Trade active:
Trade engaged:
Entry: 1.3370
SL: 1.3407 (-37pips)
TP1: 1.3301 (+69pips)
TP2: 1.3254 (+116pips)

Watching out for price to break and close below 1.3306 for potential big move down for extended targets.
Trade closed: target reached:
Reached TP2, +116pips.
I’m still holding on to some short positions for this pair based on the weekly Bat Pattern.
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