USDCAD - 2 positions for short. Both of them have same SL and TP(suggested zone areas). ONLY ONE POSITION OPENED AT THIS MOMENT(sell1). TP1 and TP2 may change at any time if market will show extra strength. RSI level confirmed - OBV confirmed - above the MACD.
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Short2 activated
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2 short positions are open. I don't like the market reaction. I still think this pair is ready for short, but for now I would like to set a better setup. Within the next 2 hours it will be possible to close both positions at break even or close to it. I also set automatic Stop Loss.
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I will keep both positions open over the weekend.
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Unfortunately I have to close both positions with a loss....as little damage as possible. As I mentioned earlier, this pair is ready for a short but I want to prepare for a better entry. Short1 -30 pips Short2 +10 pips Total loss -20 pips
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