Auf geht's
ppp7

Intraday/Daytrade for USDCAD - a Potential Selloff

Short
US-Dollar / Kanadischer Dollar (FX:USDCAD)  
ppp7  
FX:USDCAD   US-Dollar / Kanadischer Dollar
USD (US Dollar) USD CAD LONG WIN winner pips PIP Forex fx currency trading daytrader Daily Charts intraday daytrade DAY daytrading days hourly hour 1hr swing swings swinging swingshort swingtrading swing-trade swingtrade swingtrader short shorts selling SELL money profits profit price price-action priceaction Parallel Channel Chart Patterns prices Harmonic Patterns Harmonic Patterns patterntrading anticipation anticipatory PRO projection professionalism probabilities profitability professional probability projections prediction pullback consolidation consolidating breakdown breakout breakouttrading break
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usd-us-dollar usd cad-dollar long win winner pips pip forex fx currency trading daytrader daily intraday daytrade day daytrading days hourly hour 1hr swing swings swinging swingshort swingtrading swing-trade swingtrade swingtrader short shorts selling sell money profits profit price price-action priceaction parallelchannel chartpattern prices harmonicpatterns harmonicpatterns patterntrading anticipation anticipatory pro projection professionalism probabilities profitability professional probability projections prediction pullback consolidation consolidating breakdown breakout breakouttrading break
I was in a long position on this which i was stopped out on friday. I usually ignore the friday closing hrs due to lack of volume but price seemed to fall during the last few hrs and i ended up taking a short play.

This is a classic retracement play coming off a period of consolidation (which i originally thought it was going to break higher) but I reversed my position and now i am short.

Expected Target 1.2550
Haftungsausschluss

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