Dollar Américain / Dollar Canadien
Short
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USDCAD 4H SHORT TRADES

621
Price is moving between 50 sma and 100 sma

Price may rise back to 50 sma again before falls to 100 sma
Sell Limit @ 1.3567
Sell Limit TP - take 1/2 profit @ 1.3480
Let rest of trade ride

Price can currently fall to 100 sma and break below
Sell Stop @ 1.3480
1st Sell Stop TP @ 1.3427 - take 1/2 profit let rest ride
2nd TP close all trades @ 1.3364

SL placed above high
Adjust SL as price falls
Note
Price closed and held below 100 sma
Trade Entered
snapshot
Note
Strong CAD pushed price bearish
Price hit 1st take profit took 1/2 trade off
Letting trade ride to 2nd bearish TP
snapshot
Note
Both TP hit
snapshot
Note
Possible Bearish Continuation TP points
snapshot
Note
Possible Reversal point
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