FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
206 1 6
In a previous chart I indicated a $40 pause and bounce in CLF             , well that's exactly what happened. Now, readying for the next leg down. Note to self: Scale in PATIENTLY!!!
Trade active: Sometimes... they'll be days like this.
Notice I emphasized "Scale in PATIENTLY!!!" in my note above.
Sooo..., I added to my long here. I think this is a gift in disguise.
Trade active: So it hit the 0 level on the fibonacci. Also, on it's way down you can see the pause on the 1.236 fib level. You'll notice there was indecision and a struggle between sellers and buyers. Sellers prevailed, hence the flush to the 0 level. Lot's of stops being wiped and weak hands eliminated. I'm still in the trade.
Trade closed: target reached: Shot nicely thru my targets 1 and 2... BoOm!!!

Related Ideas

It definitely gonna go up... agree on your statement
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