USDCAD SHORT- On the break and close below 4h TL
Updated
I think we may have finished retracing for now and heading down.
-I want a break and close below the 4h trend-line in blue here
-Coincides with fib 0.618 retracement
-ABCD Structure in play
-We just bumped our heads on major monthly resistance of 1.4000 and held below
-A lot of long wicks around the 1.4000 too
-Targets as shown
-Another reason why we could be coming down is look left recent support when broken becomes resistance
-I want a break and close below the 4h trend-line in blue here
-Coincides with fib 0.618 retracement
-ABCD Structure in play
-We just bumped our heads on major monthly resistance of 1.4000 and held below
-A lot of long wicks around the 1.4000 too
-Targets as shown
-Another reason why we could be coming down is look left recent support when broken becomes resistance
Trade active
Be patient and wait for the pefect moment and confluence to get in.....no point risking money just to get in the trade :)Trade active
Trade active
On the way to target. :)Trade active
Taken some profits at the low but holding the rest :)Trade closed: target reached
TARGET HITTrade closed: target reached
370 pips on this one!Trade active
415 pips up!!!
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