adambiers

Bullish 3-Drive Idea! Next leg is short, let's see what happens!

Short
adambiers Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Appears to be a 3-drive forming here. 4HR closed on a pinbar and we have some bearish divergence up in this ma' trucker. Waiting to see what the market does the next couple days! Looking at the daily view price is still respecting the 50% fib level on the painfully slow correction that has been happening since the bearish impulse wave January of this year! If structure holds we will have a good long opportunity as well. Both trades should have fairly good R/R and can happen over the course of a few days. I'm still learning so please do not copy my trades, if your idea is similar give me a thumbs up, if you think I'm a lunatic drop me a comment with some constructive criticism :) and if you're staying out of fx this week wish us luck! If you have any questions please ask! Thanks for checking out this idea and if you celebrated for turkey day I hope you had a good break from the bulls and the bears!
Trade active:
Entered Short: @ 1.35335, SL- 1.35555 TP- 1.33500
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Still in, wondering how OPEC will effect this trade, has yet to touch 1.27 Fib ( still consedring thanksgiving as a hiccup in the markets motion )
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Still looking mostly for sell set ups :)

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