USDCAD Short For Weekly WaveC Impulse Down + 240 Price Action
SL: 1.2950 (50pips = 1Risk)
Entry: 1.2900
PT1: 1.2620
Entry: 1.2900
PT1: 1.2620
Note
Revise TP1 & TP2:TP1: 1.2820 (close half, remaining SL to BE)
TP2: 1.2620 (if TP2 is not hit; expect bounce near 1.3050 and reshort after PA confirmation)
Note
Manual Close: loss -0.25R/RNote
Reason: Day Chart cycle timing : not right (240timing ok, but Dchart & H1 not right)
Level: not significant enough
MA: MA pockets clustered zone....usually bad entry timing!
RESHORT at next Day swing high, hopefully near end August, when dollar swing up and Oil continue it's uptrend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.