USDCAD - D - SHORT

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Dear traders,

Here is a new SHORT signal on USDCAD :
Entry : 1.26773
SL : 1.29309
TP1 : 1.25886
TP2 : 1.24966
TP3 : 1.2384

Reasons for this long : We made a few hundred bucks on previous long, but now I'm seeing bearish movement to continue for several days. Of course this pair can (and surely will at some point) skyrocket to the north, but my rules are unbendable so I closed my long and I'm opening this short. PA has broken PAC and TMS is looking good (under MB and RSI50 with clean cut). However if price drop too fast and get out BB this could lead to a false breakout. Let's see.

Trade with your own diligence,
GL HF
Commentaire
snapshot

Looks like I have been trapped by false breakout. Overall I'm bearish on this pair, so as long as fast RSI does not break MA, we still have a probability.
Commentaire
25% closed@TP1. Don't touch SL yet.
Commentaire
25% closed@TP2. SL@BE.
Commentaire
25% closed@TP3. Final TP@1.224. SL@1.258.
Nice drop.
Trade fermée manuellement
SL@1.258 hit! Trade close.
Beyond Technical AnalysisChart PatternsshortTMSTrend AnalysisUSDCAD

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