USD/CAD - SHORT
B:-
• MONTHLY - The month of June, market printed a strong bearish engulfing. recent two months after that we have seen a retracement. but expected further declines to the downsides upon this
• WEEKLY - For sometime now we've seen the weekly in a up-trending market. relatively recently that trend was broken this alone is a confirmation of the bearish cycle on UC.- Furthermore clear recent Weekly PA. show signs of rejection / a reversal inbound
• DAILY - Similar to the weekly we was in a corrected phase of structure to the upside, market shown clear signs of weakness on approach and currently at 1.33 - & Breaking our trendline to the upside (I don't trade trendlines just there as clarification and clarity purposes
L:-
• Levels being traded is 1.33 - institutional structural zone
• Anticipating the break of 1.32
• Market then to make new lows @1.321
S:-
•Signal being used is relatively simple here 12H Indecision formed - Entry at the low and stops at the high
R = 5%
R.R = 2.12
(Trading Journal)
- Trade at your own risk, this is just for me to keep track of my trades and performance.
• MONTHLY - The month of June, market printed a strong bearish engulfing. recent two months after that we have seen a retracement. but expected further declines to the downsides upon this
• WEEKLY - For sometime now we've seen the weekly in a up-trending market. relatively recently that trend was broken this alone is a confirmation of the bearish cycle on UC.- Furthermore clear recent Weekly PA. show signs of rejection / a reversal inbound
• DAILY - Similar to the weekly we was in a corrected phase of structure to the upside, market shown clear signs of weakness on approach and currently at 1.33 - & Breaking our trendline to the upside (I don't trade trendlines just there as clarification and clarity purposes
L:-
• Levels being traded is 1.33 - institutional structural zone
• Anticipating the break of 1.32
• Market then to make new lows @1.321
S:-
•Signal being used is relatively simple here 12H Indecision formed - Entry at the low and stops at the high
R = 5%
R.R = 2.12
(Trading Journal)
- Trade at your own risk, this is just for me to keep track of my trades and performance.
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