Short USD/CAD

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We are going towards the orange line on the higher TF (Used as a reference point), and we will most likely make a small move up (to the entry area). It is crucial to compound the move downwards if in fact it does go where we want it to go.

There is a news event in 15 minutes, so my presumption is that it will hit my entry level.

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ملاحظة

Entry level hit

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ملاحظة

Adjusting SL as we make a move down, price is holding nicely so far.

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ملاحظة

I will adjust SL - US market opening in 30 minutes we will see a bit more volatility. Currently up 20 pips.

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ملاحظة

SL has been adjusted to break even, at this point any proper up move that fits the criteria will be compounded to the orange level (TP).