A reason to long USDCAD now

16 พ.ย. 2016

The USDCAD has been in a clear uptrend defining new highs. I am attempting to stick with the trend and go long and found a slightly warped Gartley pattern to take this trade.

1) The H4 and D1 trend is up
2) There is the H4 MA supporting this trade
3) There is market structure to support this trade around the 1.3420-1.3440.

Stops around 45 pips.

17 พ.ย. 2016

ปิดการเทรด ด้วยตนเอง

The pair went up by 57 pips and hit the entry price. I closed off with 10 pips profit.