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USD/CAD Short win Trade
U.S. Dollar / Canadian Dollar
Short
USD/CAD Short win Trade
By IronWings
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Oct 11, 2022
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Oct 11, 2022
Short win trade.
Supply / contraction zone Identified waiting for price to return to that area after moving a ways so rapidly.
Price created a double top to seen more clearer on the 5 min time frame.
RSI showing divergence.
trade entered at the break of neckline.
Target - distance between the top and the neck line, is the target aimed for.
Price hit it's target , then i trailed price by moving the stop loss each time price drops for more profits.
good trade...
Double Top or Bottom
Supply and Demand
Support and Resistance
IronWings
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