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USDCAD - More STOP LOSS HUNTING

Short
Dollar Américain / Dollar Canadien (OANDA:USDCAD)  
TraxionInvestments  
OANDA:USDCAD   Dollar Américain / Dollar Canadien
Trend Analysis Harmonic Patterns Chart Patterns USDCAD usdcadshort priceaction priceactionanalysis Forex forextrading supportandresistancezones stophunting
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trendanalysis harmonicpatterns chartpattern usdcad usdcadshort priceaction priceactionanalysis forex forextrading supportandresistancezones stophunting
More STOP LOSS HUNTING is currently still happening. Price has been take to the 1.38500 zone for the 3rd time. This has given us a perfect RISING WEDGE PATTERN - a BEARISH SIGNAL. The 1.38500 zone is where market-makers are taking out STOP LOSSES. Their real intention is to SELL.However, that won't be made obvious.

We have jumped back in with SELL ORDERS. We aim for the 1.36400 zone to be broken again so that price can continue dropping to my anticipated TP at 1.30000. This is a long-term play.

REMEMBER: PATIENCE, PROPER RISK MANAGEMENT AND HIGH LEVELS OF TRADING PSYCHOLOGY PAY IN THIS BUSINESS.

Idées en relation

TraxionInvestments
USDCAD - PRICE GOING FOR 1.30000 ZONE
TraxionInvestments
USDCAD - Rising Wedge Pattern Formation
TraxionInvestments
USDCAD - 1.36400 ZONE Last Kiss
TraxionInvestments
USDCAD - 1.36400 ZONE BREAK SUCCESSFUL
TraxionInvestments
USDCAD - SOME MORE STOP LOSS HUNTING
TraxionInvestments
USDCAD - STOP LOSS HUNTING
TraxionInvestments
USDCAD - Extreme Bearish Sentiment
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