USD/CAD - SHORT

B:-
• MONTHLY:- EMA'S Suggesting further bearish direction is possible with a possible upcoming crossover probably during the month of december depending on the how the market sentiment is maintained.
• WEEKLY:- Weekly, similar story to the monthly no strong indication from P.A that the market has any indication of a reversal still suggesting there is a order flow toward the bears.
• DAILY:- Daily, is where we managed to see where the market is stalling out clear signs of rejection/consolidation printing several candlesticks such as / shooting star & doji's
• HOURLY:- Showing signs market is in a bearish phase printing LL + LH's anticipating region of our trade to have been the LH projected zone.

L:-
• Level being traded here is 1.31937 which is a intraday level
• Targets 1.31006 predicted region based upon market structure if this region is breached anticipating further decline to create new market LL's.

S:-
• Signal being use is 6H Bearish engulfing confirming the bearish sentiment

R = 10%

R.R = 2.00

(Trading Journal)
- Trade at your own risk, this is just for me to keep track of my trades and performance