USDCAD Short. RR 1:21

10 de mai. de 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 de mai. de 2017

Nota

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 de mai. de 2017

Trade ativo

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 de mai. de 2017

Trade ativo

SELL position still holding, be patient.

15 de mai. de 2017

Nota

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

Next target 1.3610. Happy Pippings for those who followed !

15 de mai. de 2017

Trade fechado: objetivo atingido

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

17 de mai. de 2017

Nota

Looking for a SELL entry around 1.3640-50 area.

TP around 50.0% fibs level. Good luck

18 de mai. de 2017

Trade ativo

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

Last pair to focus for this week.

19 de mai. de 2017

Trade fechado manualmente

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 de mai. de 2017

Nota

Corrective wave to point C has completed as per analysis!

#PowerOfElliotWaveTheory