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ThePennyStalker
May 8, 2017 6:16 PM

Potential Short Opportunity on USD/CAD Short

USD/CADOANDA

Description

I think this will be the start of a bearish trend down to at least 1.3600. At this point I'm looking for it to either continue down to 1.3500 or bounce back up to 1.3600 - 1.3700.

Trade active

Trade is active @ 1.37073
SL: 1.37930
TP: 1.36176

Trade closed: target reached

Closed this one early morning during the London open. Picked up my s/stop but currently waiting for this candle formation to complete before hopefully continuing bearish. Will post my trade shortly.

Trade active

Entry: 1.36100
SL: 1.36840
TP: 1.35367

Comment

Still holding short on this. Seems to be working it's way down now after a small spike up.

Trade closed: target reached

Hit target @ 1.35367. Waiting to pick up third and final order. Have a feeling this won't happen will next week.

Trade active

Picked up my third and final order @1.35256. Stops @ 1.3600, Target @ 1.34234
We had a nice close on the Daily candle, so I'm definately expecting further bearish movement down to to 1.3400 zone. where around the last week in may there was some minor support.

Trade closed: target reached

Trade Closed at target.
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