masterkeytrading

Live USDCAD 6/17/19 10:15 pm

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
  • Daily candle showing weak bull candle after bullish engulfing
  • H4 structure downtrending and retraced deep
  • valid H1 BOS with m30 confirmation, waiting for entry because H4 is consolidating and i need a m15 BOS
    Confluence Daily MA, Daily level, 88.6 PRZ,
    Risk: 15-20 pips because H4 is consolidating
Comment:
During the trade, H1 broke structure to the upside. Both m15 and m30 broke structure to the upside before falling. These were valid exit signals for me (especially H1).
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