glennmercer
Short

USDCAD Big Win on Long, Now SHORT!

FX:USDCAD   U.S. Dollar/Canadian Dollar
Hey traders! Great +140p win earlier on the USDCAD             long. Here it is if you missed it:
USDCAD LONG:  Wave-((b)) Looks to be Complete!
Now, the Gartley is complete and so likely too is the Y corrective structure. For that reason, I am taking a short position here. Also note the potential doji reversal at the peak of the rally and completion of the corrective structure.

PS: It's run a little bit on volatility . I am already short, but if I weren't I would wait for a rally to short this with same TP and SL levels. Keep in mind this will be a quick trade, win or lose.

Cheers and happy trading!
Trade closed manually: I'm closing this one manually here for a small profit. We could still get a drop from here, but I don't like the price action and the odds aren't stacked enough in my favor. Therefor I am on the sidelines until further confirmation or until bullishness. Cheers!
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