Fxprotrader
Short

USDCAD: Median Line, Double Top & RSI Show Sell

FX:USDCAD   U.S. Dollar / Canadian Dollar
2508 24 74
In my previous post on USDCAD             i described a potential short, but based on the result i posted a little early. Now i will once again watch for a sell setup at level where price tests the median line of an upslope pitchfork . At that level we have a double top formation while RSI is overbought and a bearish divergnece is present.

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Trade active:
Comment: With current profit at slighty more than 1:1 risk/reward ratio we should move stoploss at breakeven for a risk free trade setup
Comment: Trade stopped at breakeven..
Can we re-enter or this trade is closed
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margaux Dguaman
Is this a SELL USD/CAD for today? 24 Oct '16?
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trendline break
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Fxprotrader YoussefRazak
Great.. Thanks for sharing :)
+1 Reply
YoussefRazak Fxprotrader
My pleasure ...
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Oki doki, im IN ... short !
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Comment removed
Dguaman santoroma
wow, are you talking serious?
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Don't open a new topic with him mate.. You will lose your time :)
+1 Reply
Bull not bear -(
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