Hey traders! Great +140p win earlier on the USDCAD long. Here it is if you missed it:
Now, the Gartley is complete and so likely too is the Y corrective structure. For that reason, I am taking a short position here. Also note the potential doji reversal at the peak of the rally and completion of the corrective structure.
PS: It's run a little bit on volatility. I am already short, but if I weren't I would wait for a rally to short this with same TP and SL levels. Keep in mind this will be a quick trade, win or lose.
Cheers and happy trading!
PS: It's run a little bit on volatility. I am already short, but if I weren't I would wait for a rally to short this with same TP and SL levels. Keep in mind this will be a quick trade, win or lose.
Cheers and happy trading!
העסקה בוטלה באופן ידני:
I'm closing this one manually here for a small profit. We could still get a drop from here, but I don't like the price action and the odds aren't stacked enough in my favor. Therefor I am on the sidelines until further confirmation or until bullishness. Cheers!
