USDCAD short opportunity

26 нояб. 2017 г.Enter on trendline break

27 нояб. 2017 г.

Комментарий

There is also an alternate hypothesis if that trendline fails to break, we could see a retracement up to the 0.886 retracement of wave 1 (blue), where a bat pattern would complete, and then will look for a short from there. For now I still believe it is more likely a break of the trendline will occur in the immediate future which will be the entry point for a short.

27 нояб. 2017 г.

Комментарий

EDIT: meant to say 0.886 retracement of wave i (red) in previous update

27 нояб. 2017 г.

Сделка активна

Trendline has been broken, entry valid.

27 нояб. 2017 г.

Сделка закрыта: достигнута стоп-лосс цена

Stopped out, turns out wave ii (red) was not complete