KhaleemAli
Short

USD/CAD SHORT - Breakout/Retest/Shooting Star/Double Top

FX:USDCAD   U.S. Dollar / Canadian Dollar
62 0 4
Took a short on this pair with a good R/R. The pair has broken out of the channel ascending upwards, it also created a double top earlier an headed downward, now it's broken out of the channel, retested it on the H1 as you can see by the wick of the shooting star 4HR candle. A shooting star candle was created, and now should be heading downward to complete the double top formation. The monthly bias is also short. Top down analysis always.
Comment: Pair has melted downwards. SL moved to small profit above next resistance.
Comment: To breakeven actually.
Comment: Exited trade for half of target 2.5 R/R achieved. Heavy resistance on the H! chart could be trending upwards now. Wanted to exit all trades for the week.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out