USDCAD Short. RR 1:21

10 mai 2017

Elliot Wave theory in play. Corrective Wave to point C

Short Position TP1-1.3655 , TP2-1.3570, TP3-1.3510 ; SL above previous high.

Risk Reward 1:21

11 mai 2017

Note

TP 1 - 1.3655 Hitted after Oil Inventory report.

Sharp reversal after NZD cash rate, looking for further SHORT at 1.3750~60 area.

Always remember your stop-loss, market is crazy & cunning*

12 mai 2017

Transaction en cours

Entered one more position via a SELL LIMIT @ 1.3760 on yesterday spike.

Daily candle closed with strong rejection above, looking for further downside at 1.3640 area.

15 mai 2017

Transaction en cours

SELL position still holding, be patient.

15 mai 2017

Note

Profit taking again at 1.3640 area as Oil price tanking up.

Next target 1.3610. Happy Pippings for those who followed !

15 mai 2017

Trade fermée: cible de profit atteinte

1.3610 hit ! Currently closed most of my position, waiting retracement and re-enter later.

17 mai 2017

Note

Looking for a SELL entry around 1.3640-50 area.

TP around 50.0% fibs level. Good luck

18 mai 2017

Transaction en cours

Entered my SELL limit @ 1.3665, expecting another retest at 1.3600 area.

Last pair to focus for this week.

19 mai 2017

Trade fermée manuellement

For those who followed, I closed all my trades at 1.3560 area with 100pips+ banked, zero trades holding over weekend. Happy Friday guys

20 mai 2017

Note

Corrective wave to point C has completed as per analysis!

#PowerOfElliotWaveTheory