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USDCAD 4H SHORT TRADES

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Dolar A.S. / Dolar Kanada (FX:USDCAD)  
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FX:USDCAD   Dolar A.S. / Dolar Kanada
Trend Analysis Chart Patterns Technical Indicators 50sma 100sma breakouttrading seellimit sellstop takeprofit tradingstrategyguides USDCAD 4h
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trendanalysis chartpattern indicator 50sma 100sma breakouttrading seellimit sellstop takeprofit tradingstrategyguides usdcad 4h
Price is moving between 50 sma and 100 sma

Price may rise back to 50 sma again before falls to 100 sma
Sell Limit @ 1.3567
Sell Limit TP - take 1/2 profit @ 1.3480
Let rest of trade ride

Price can currently fall to 100 sma and break below
Sell Stop @ 1.3480
1st Sell Stop TP @ 1.3427 - take 1/2 profit let rest ride
2nd TP close all trades @ 1.3364

SL placed above high
Adjust SL as price falls
Komen:
Price closed and held below 100 sma
Trade Entered
snapshot
Komen:
Strong CAD pushed price bearish
Price hit 1st take profit took 1/2 trade off
Letting trade ride to 2nd bearish TP
snapshot
Komen:
Both TP hit
snapshot
Komen:
Possible Bearish Continuation TP points
snapshot
Komen:
Possible Reversal point
snapshot
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