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AJ_DeCarli
8. Mrz. 2016 16:53

Bearish Cypher in a Bearish Trend Short

U.S. Dollar/Canadian DollarFXCM

Beschreibung

Looks like we are going to have a nice opportunity to hop on a bearish cypher pattern in an otherwise bearish market. The USDCAD0.78% has been trending lower for a little while now so this will present a nice chance to jump on the downward trend.

Entry 1.3424
Stop above swing high 1.3485
1st Target 1.3365
2nd Target 1.3326

* If 1st target is reach stops must be moved to breakeven

Trade ist aktiv

Orders to get short have been filled. Market looks like it is trying to decide where it wants to go

Kommentar

Target 1 Reached - Stops now move to break even we wait to see if target 2 will be hit.

Trade geschlossen: Ziel wurde erreicht

2nd target hit for a nice profit.

Trade geschlossen: Ziel wurde erreicht

Both targets reached
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