USD CAD long
Updated
price bounced from support zone, than retraced to .0618 level, buy upon breaking of the inside bar.. first target testing the top.. stop loss either according to inside bar rules or previous low
Note
conflicting signals here now. on one hand there is a double top, on the other... we testing resistance after breakout so we could go higher. took profit and riding rest in a risk free trade.Note
good chance here to add a trade. Multiple possibilities for stops. either very tight one or deeper one under uptrend channel. AS i don't see a trigger but like the location i would opt for a smaller size trade and deeper stop loss.
Note
1:1 profit reached on second long trade.. good to take profits here.Note
ABC pattern to project a target. 1.32... still looking to add on pullbacks
Dan
PS: this is not a financial advice. simply blog of my ideas I would like a feedback from more experienced traders, and to see how I perform over time)
PS: this is not a financial advice. simply blog of my ideas I would like a feedback from more experienced traders, and to see how I perform over time)
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