gcplau

USDCAD Short For Weekly WaveC Impulse Down + 240 Price Action

Short
gcplau Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
SL: 1.2950 (50pips = 1Risk)
Entry: 1.2900
PT1: 1.2620
Comment:
Revise TP1 & TP2:

TP1: 1.2820 (close half, remaining SL to BE)
TP2: 1.2620 (if TP2 is not hit; expect bounce near 1.3050 and reshort after PA confirmation)

Comment:
Manual Close: loss -0.25R/R
Comment:
Reason:
Day Chart cycle timing : not right (240timing ok, but Dchart & H1 not right)
Level: not significant enough
MA: MA pockets clustered zone....usually bad entry timing!

RESHORT at next Day swing high, hopefully near end August, when dollar swing up and Oil continue it's uptrend.
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