Tuesday, 11 June 2013

USD/CAD Analysis

Bearish pinbar on the daily timeframe Current Trend down Rejection of 8ema Moving Averages crossed down We seem to be moving in a sideways fashion on the weekly and monthly timeframes and we are at the upper end of the horizontal zone STOP: 10256 ENTRY: 10212 (50% retrace) LIMIT: 10098 RISK/REWARD: 3/1
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2 comments:

  1. Tee Man13 June 2013 at 23:07

    Update: Trade is going well so far all be it the drop is taking longer than expected! Stop moved to B/E.

    ReplyDelete
  2. Tee Man18 June 2013 at 15:44

    Stopped out at B/e trade didn't really take off as expected

    ReplyDelete

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