ProfessorCEWard

πŸ”₯ NEW: USDCAD πŸ”₯ SHORT πŸ”₯

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
RESISTANCE @ 1.3573
SLO @ 1.3570 ⏳
TP1 @ 1.3485
TP2 @ 1.3305
TP3 @ 1.3175
TP4 @ 1.2975
SUPPORT @ 1.2925
BLO @ 1.2810 ⏳

β€” PA on this pair has been insane

β€” ALL three of our TPs were triggered, but ironically it retraced so hard that it returned higher than TP1

β€” Well, it's time to get paid for the second time.

β€” Here's a new SLO
Trade active:

This is for those with an aggressive appetite...
TP @ 1.3570
BSO @ 1.3540
Trade active:
For those that took the risk on the long, πŸ’² we hit our TP for a Net profit of +30 pips
Trade closed: target reached:
Exiting my short position for a profit of +20 pips and preparing for another uptrend breakout.

PA on the USDCAD appears to want to push higher.

BSO @ 1.3555 ⏳
Comment:
πŸ“Œ MODIFICATION

-SL @ 1.3860 🚫
SLO2 @ 1.3805 ⏳
SLO1 @ 1.3695 ⏳
SSO @ 1.3550⏳
TP @ 1.2975

If PA respects Resistance @ 1.3590, then we should be good to go with our SSO.

However, if CAD News weakens the Loonie or if USD News strengthens the Greenback then we'll be good with our SLO1.

Let's make this schmoney!!!! (in my Cardi B voice) πŸ˜‚
⚠️ TREND
β€” Momentum: Big Picture Downtrend
β€” Price Action: Uptrend Pullback
β€” CounterTrend: NO (conservative risk trade)

Professor C. E. Ward
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