Trade Setup: USD/CAD – 22 Sep 2016

21 Sep 2016
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22-sep-2016-usdcad

Candle Stick Pattern: Variation of Evening Star at (1)
Confirmation:

  • Stochastic confirming overbought range at (2).
  • Confirming previous resistance at (3)

Signal: SELL
Entry Point: 1.3110
SL: 1.3250 (140 pips) (Nearest support level at (1) &  (5))
TP: 1.2834 (276 pips) (Nearest resistance level at (4))

[UPDATE 1 – 23 Sep, 2016]

Set SL to Break-even.

[UPDATE 1 – 23 Sep, 2016]

22-sep-2016-usdcad-cont

Trade closed on break-even.

 

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