Roncriss
Short

USDCAD SELL SETUP

FX:USDCAD   U.S. Dollar / Canadian Dollar
244 10 7
Trade active
Comment: Nicely falling
Trade closed manually: Trade closed manually in profit and left a small position which stopped out during NFP
Comment: LOL..This is market..
If you had done your trendline using the tip of the candle this would have been a top trade., I have read thats how you do it, why dont you?
Reply
Roncriss chachacallis
If you look to my charts , i usually use the tip of the candle and not the close of the candle body but sometimes i use more than trendlines to analyse the market,The reason i decided to close the trade before it actually hit my TP was the NFP news i could not risk it as my SL was above 1.32500
Reply
Great call sir.......... Congrats!
+1 Reply
Roncriss CarlosReyes
Thank you
Reply
Ok thanks. I have my stoploss at 1.3190.
Reply
Hello Roncriss!
Could it perhaps be possible?
Or do you mean USDCAD continues bärish?
What do you think?
Reply
Roncriss gestoert
Personally am bearish on ucad,Look at the blue falling Trendline on my chart, if that is broken then can start thinking of buying.
Reply
Indeed, what made you to think it was going to sell off?
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Roncriss aa2016
Price broke out of uptrend and pulled back to the 618 fib level which is a good reversal zone
Reply
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