USDCAD Short Trade Setup
Hello traders.
There is some potantial for down side, that's why I like to take short trade after break out (aqua) with stoploss at 1.29000. Probably it will bounce from the trend line and go up one more time in the channel and that up move will breake daily top. So, it will complete a regular flat structure. But just in case it can fall from here. I don't want to miss it, because down move potantial is huge. This is what I'm expecting in higher degree:
There is some potantial for down side, that's why I like to take short trade after break out (aqua) with stoploss at 1.29000. Probably it will bounce from the trend line and go up one more time in the channel and that up move will breake daily top. So, it will complete a regular flat structure. But just in case it can fall from here. I don't want to miss it, because down move potantial is huge. This is what I'm expecting in higher degree:
Ordre annulé
Note
After another up move we still have divergence beween up impulses in all time frames and we have regular flat in 1D chat. I'm still looking for short trades. I put an entry order and now trade is active. You can wait for break out. This is a trade with high risk. I put at risk only 0.25% percent of my account. Because of very close stoploss I could take very nice size trade. 
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.