Although our main view is bullish we have a nice sell opportunity on USDCAD. Price is testing both the upper parallel of a down slope median line and the lower quartile of a longer term pitchfork. We may sell at that level and aim for the lower parallel of the up slope fork.
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Like and follow for updates!
הערה:
Price has closed above resistance. We should close this trade with a small loss.
הערה:
That's a great example why is crucial to cut early your loss when you believe your setup is going the way you planned it..
Here i was expecting a bounce from my entry point but i saw price correcting preparing for a new wave up. I closed my position for a small loss and i now see price have reached my initial stoploss.
There is nothing selfish in trading. Taking small losses is just fine! More beautiful setups are coming!
Here i was expecting a bounce from my entry point but i saw price correcting preparing for a new wave up. I closed my position for a small loss and i now see price have reached my initial stoploss.
There is nothing selfish in trading. Taking small losses is just fine! More beautiful setups are coming!
