CADJPY: POSSIBLE ENDING DIAGONAL - Short From Here (Retrace)

22 сент. 2016 г.

Hey traders! After a bearish impulse witnessed 9/20, we saw a correction to the .786 fib. This correction has ended on an ending diagonal, a quintessential reversal pattern. The target is 75.8. Any price movement above recent high will force me out and I will re-evaluate. Otherwise, ride it down. Happy Trading!

22 сент. 2016 г.

Сделка активна

In order to find precise entries like this, here's what it looks like INSIDE the candle. 1m Chart:

23 сент. 2016 г.

Заметка

Beautiful Resistance!! Stop set to B/E:

23 сент. 2016 г.

Сделка закрыта вручную

Closed at breakeven! Another great thing about tight stops is the adjustment to breakeven is so small that it can be done after the next lower-degree impulse wave completes and your risk goes to zero.

Here's the next level to watch:

23 сент. 2016 г.

Заметка

23 сент. 2016 г.

Заметка

RE-ENTRY: