USDCAD Break up invalidate the idea

27 sept 2016

Simple idea. No need to use fancy stuff and artificial tools if break idea will be invalidated.

28 sept 2016

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Breakdown of this corrective structure is possible. Those who missed this setups please dont chase running candles wait for correction and then look for sell.

12 oct 2016

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Nothing has changed idea still in play. If price break up then i will look for change in pattern and structure.

13 oct 2016

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Price trying to break up but every time price tried it failed. i am expoecting breakdown look for sell on breakdown if you are not in.

16 oct 2016

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Broken down with very strong impulsive wave. I trend continuation patterns appears like flag then look for more sell and use reasonable stop loss dont use tight stop you will like be stopped out from the market.