benjaminhay

New trade on, short side

Короткая
benjaminhay Обновлено   
OANDA:EURCAD   Евро / Канадский доллар
I have short biais on this pair since mid january.
bearish structure and the pair has reached a nice resistance area.
Many confluences and nice price action signal

I keep my trading simple, no indicator, only price action and fundamental analysis!
I trade major key levels with price action strategy.
Trades on 4h chart with 1.5R, no need to do more.

You can check my trades history on my myfxbook journal :
www.myfxbook.com/mem...onal-account/9901433
Комментарий:
I extended SL and TP, risk is still ok
Trader are just taking their profit, I will open a smaller short position maybe
Комментарий:
there is no reason this pair goes higher
Комментарий:
A rising wedge has formed, will it breakdown and break 1.4370 support ?
Tomorrow, Canada CPI and retail sales data will be released.
In my opinion, CAD should gain strength
Комментарий:
EUR is weakening on bad manufacturing PMI data
Сделка закрыта вручную:
CAD data weren't good enough, i'm closing before it goes higher and hit my stop
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