USDCAD short opportunity

26 thg 11, 2017

Enter on trendline break

27 thg 11, 2017

Ghi chú

There is also an alternate hypothesis if that trendline fails to break, we could see a retracement up to the 0.886 retracement of wave 1 (blue), where a bat pattern would complete, and then will look for a short from there. For now I still believe it is more likely a break of the trendline will occur in the immediate future which will be the entry point for a short.

27 thg 11, 2017

Ghi chú

EDIT: meant to say 0.886 retracement of wave i (red) in previous update

27 thg 11, 2017

Giao dịch đang hoạt động

Trendline has been broken, entry valid.

27 thg 11, 2017

Đóng lệnh: dừng lỗ

Stopped out, turns out wave ii (red) was not complete