USDCAD H1 Sell
Updated
After a period of consolidation, you can't give that small of a breakout! Unless it's a fakeout.. which it could be | Also for real, it consolidated downwards a bit from a good demand zone and maybe cut out some sellers then down and retest broken H4 Uptrend | Looking to reach origin of uptrend but of course TP before then
Trade closed: stop reached
Why did it fail, because if i looked at the H4 it was a fresh zone + the 100MA. H1 shows me a not fresh zone because of the FTB to FTR to the left, so i guess another thing i need to look out for! Anyway that buy H4 made sense with the same reason i sold (consolidation downwards)
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