EURCAD - continuation of short (bearish Bat) Corto

Euro Fx/Canadian DollarFXCM

Descripción

⋅ 11 de May. de 2017 7:14

Hi everyone,
If you were following my posts, I was stopped out when price hit my protective stops.

I am re-entering the trade based on the rejection of the 20MA (BBand)
EP at 1.4913
Stops at 1.4958 (above the recent highs)
Targets at 1.4608

Operación activa

⋅ 11 de May. de 2017 7:22

My entry might be a little too premature as the H4 candle has not closed yet.

H1 candles seems to be supported by the RED trendline

Operación activa

⋅ 11 de May. de 2017 9:41

I am liking this current H4 candle. reject the middle BBand.

Good luck to all

Comentarios

⋅ 12 de May. de 2017 3:41

Price still resisted by TL resistance and the BBand. Staying the course.
SL still at 1.4958

Comentarios

patterntrader

⋅ 11 de May. de 2017 16:06

In fact, this chart provides a different perspective of the market. This type of charting idea never passed through my mind. It is always good to keep in touch with professional traders.
Thank you for sharing this chart. Continue your good work.

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