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

Nota

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

Nota

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

13 oct 2016

Nota

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

Nota

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.