(J) Trade 19 : Shorted at Double Top Neckline #forex
Update 2: Closed all position at 0.8618.
Profit= $50.
New Balance= $29 155
Update: I added another 0.2 lot at 0.8655
===========================================================================
Trade 19: Short NZDCAD @0.8620
Trade Status: Active
S.L @ 0.8720
T1 0.8445
T2 0.8357
Balance= $28 000 Position size = 1 lot ~ 2.5% risk of capital
===========================================================================
Reasoning
Don't forget to click the Thumbs Up
Wish me luck and best of luck for everyone.
For Trades rules and guidelines follow this link
My best regards
Technician
Subscribe to my trading portal thefxchannel.com
Profit= $50.
New Balance= $29 155
Update: I added another 0.2 lot at 0.8655
===========================================================================
Trade 19: Short NZDCAD @0.8620
Trade Status: Active
S.L @ 0.8720
T1 0.8445
T2 0.8357
Balance= $28 000 Position size = 1 lot ~ 2.5% risk of capital
===========================================================================
Reasoning
- Double top breakout on the weekly chart
- Retest and rejection at the broken neckline
- 1.271 extension for the latest abc
Don't forget to click the Thumbs Up
Wish me luck and best of luck for everyone.
For Trades rules and guidelines follow this link
My best regards
Technician
Subscribe to my trading portal thefxchannel.com