AB=CD Pattern on the USDCAD

١٧ أغسطس ٢٠٢٠

A good impulse move down followed by a Corrective move to the 50% level which has a good confluence consisiting of a moving average, a resistance zone and a trendline. Good R/R ratio if it hits the intended price target. Unfortunately i missed my trade as i forgot to put in my limit order for while i was at work, but i may enter if i see another setup within the boundaries of this trade.

١٩ أغسطس ٢٠٢٠

ملاحظة

My stop loss was moved down and trailed to protect profits in case price reverses as we have some strong support at the 1.31525 level

٦ سبتمبر ٢٠٢٠

أغلقت الصفقة: تم الوصول للهدف

Target reached and trade closed. Price reversed right on my TP, wish all my trades could be this spot on.