AB=CD Pattern on the USDCAD

17 thg 8, 2020

A good impulse move down followed by a Corrective move to the 50% level which has a good confluence consisiting of a moving average, a resistance zone and a trendline. Good R/R ratio if it hits the intended price target. Unfortunately i missed my trade as i forgot to put in my limit order for while i was at work, but i may enter if i see another setup within the boundaries of this trade.

19 thg 8, 2020

Ghi chú

My stop loss was moved down and trailed to protect profits in case price reverses as we have some strong support at the 1.31525 level

6 thg 9, 2020

Đóng lệnh: đạt mục tiêu

Target reached and trade closed. Price reversed right on my TP, wish all my trades could be this spot on.