USDCAD Goal line

AnotherBrian · Post by **AnotherBrian** » Thu May 28, 2015 3:38 am

My set-up.

Levels identified on the daily and zoomed into H4 for clarity. If price gets this high it should be out of steam with hardly any buyers left after this run. But who really knows, that's why I use a stop. Target is way down, identified on the daily at 1.1686 but I'll be trailing lower highs (if I get a fill and change of direction).

The recent high could also be the turning point as it was once demand but I typically don;t use levels like that, so I'll wait.

USDCADH4.png

AnotherBrian · Post by **AnotherBrian** » Mon Jun 01, 2015 3:25 pm

Getting close! Price is in the first level, and real close to the upper level.
Sell limit is set for 1.2566
Stop at top of level.
Target 1.17 - but will trail down at lower highs if this triggers and stays the course.
R:R is very good. Level found on the daily.

addseo1115 · Post by **addseo1115** » Tue Jun 02, 2015 7:33 am

I have enjoyed with your target information.
Thanks for posting here.

AnotherBrian · Post by **AnotherBrian** » Tue Jun 02, 2015 5:19 pm

AnotherBrian » Mon Jun 01, 2015 10:25 am wrote:Getting close! Price is in the first level, and real close to the upper level.
Sell limit is set for 1.2566
Stop at top of level.
Target 1.17 - but will trail down at lower highs if this triggers and stays the course.
R:R is very good. Level found on the daily.

...and there she goes....
where she stops, nobody know!

USDCADH4.png