USD/CAD 1D Short

Bearish flag breakout and retest @ level 1.3280

Yorum:

After reached 2R (~70 pips in profit), I moved the SL to BE+2pips, this because in less than one hour (at 11am) there are two high important US news:
1) FOMC Statement
2) Federal Funds Rate
I tend to avoid news since they create volatility that can change the game from statistic to gambling.

Yorum:

After the news, I closed half of the position at 3R.
I am leaving the other half running until 1.300.

İşlem aktif:

Aiming to 1.3000

İşlem elle kapatılmış:

Closed at 3.2R the other half position.
I figured that 1.3140 could be the measured objective for this flag pattern.
I'll keep an eye in case of a retracement to enter short and reach the 1.3000 level.