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U.S. Dollar / Canadian Dollar
Short

Live 6/3 USDCAD

By masterkeytrading
Updated
  • Daily candle showing weak bull candle with top wick
  • H4 consolidating with invalid break for HH, uptrending overall
  • H1 BOS to downside valid because m15 BOS
  • Valid m15 BOS with 38.2 retrace
    Confluence Monthly Support, H4 Random line resistance,
    Risk: 15-20 pips since H4 is consolidating,
    Target: 1.345, 1.34
Trade closed manually
Closed at key level 1.345 because price dropped fast.
Note
Should have held till I saw a m15 BOS to downside, 1.34 +90 pips
Candlestick AnalysisLIVEMultiple Time Frame AnalysisSupport and Resistance
masterkeytrading

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