USDCAD - SOME MORE STOP LOSS HUNTING

It seems like market-makers were not done fishing both BUYERS and SELLERS off the market. Price is now back to where the first STOP LOSS HUNTING took place. The following week will be very interesting. We are still SELLING USDCAD. Partial profits were taken at the 1.36400 zone - a zone which I expect to be broken for the second time next week.

My TPs are still:

1. 1.29800 and
2. 1.27400

REMEMBER: PATIENCE, PROPER RISK MANAGEMENT AND HIGH LEVELS OF TRADING PSYCHOLOGY PAY IN THIS BUSINESS!!
Chart PatternsForexforextradingHarmonic PatternspriceactionpriceactionanalysisstoplosshuntingTrend AnalysisUSDCADusdcadshort

Also on:

Related publications

Disclaimer