Short USD/CAD for a swing trade
Atualizado
We are near the top of the channel (wich might also look like a bear flag). A nice reversal candle is forming, we need to wait for it to close for a full confirmation tho. Bearish divergence on MACD. RSI above 70. I know that it only mean that the up trend is strong but it's been a while since it didn't go above 70 on 3D. Stochastic looks good for a short too.
Shorting here might be risky. You can also wait for the candle to close and see how things evolve before shorting.
Please give me your opinion, good luck.
Shorting here might be risky. You can also wait for the candle to close and see how things evolve before shorting.
Please give me your opinion, good luck.
Nota
The target is the top of the ichimoku on weekly. (Note that if we follow my scenario on 3D, the curent candle on weekly will be a reversal candle too.)Nota
This is really an awful HnS but why not. It matches with what i expect.Nota
3D Candle closed. Looks really good so far. Nota
I'm still in. I'll post a chart tonight.Nota
In my opinion, they just wanted to chase stop losses that were at last swing high. But i'm still bearish, my scenario isn't invalidated.Nota
to hunt stop losses*Nota
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Already good profit with any leverage. Personnaly i had a 200 leverage so it's a 200% but for the most reasoneable ones, with a 10x it's still 10% and very good. You can take profit or move your stop loss below entry price so you won't loose anything on this trade. I'm keeping my position open.Nota
Sorry not 200% -> 170% and not 10% -> 6%I thought that we already dumped 1%
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We closed below the range box.Nota
Looks like i didn't close y short. I thought i did. Anyway if you closed it i think that you can open it again.Nota
Non realistic target : Nota
For the moment our entry was gorgeous..Trade fechado: objetivo atingido
Strong support here, i'll post another idea if we break it and i re enter
Aviso legal
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