USDCAD short scalp fired: UC with two trade plans

I am NOT a CAD student.
I do not follow the politics or fundamentals between US and Canada.

BUT, my support and resistance zones have given me good RR possibilities.
One trade a small scalp with very tight SL.
Possible second trade with higher RR ratio but will not take that one unless things look perfect.

Red Fib lines are from this one:

Grey zones are from my Fib Zone plot a few weeks ago:

Bình luận:

There is also this Purple fib of the large impulse down.
The purple 1.618 extension is a bit worrisome for a short, as it already bounced on it once.

Bình luận:

Jambed SL at BE on first position.
if it survives London Open, I might open the second position for larger TP

Giao dịch được đóng thủ công:

Closed short, took my 20 pips for now, will take a look again in late in US session.