It has been a long time since I put up any charts or trades online, but I thought there's one pretty good one to share this time round - The USDCAD.
In a nutshell:
Long Entry : 1.0300 (If it gets there.... :P )
Stoploss : 1.0150 (150 pips)
1st Target : 1.0650 (350 pips)
2nd Target : 1.0970 (670 pips)
Reasons for Trade:
1) 1.0300 is a strong support resistance level. (would have been great if I saw this in Oct! But USDCAD is not a chart I often look at)
2) 1.0300 is the point where wave C equals to wave A.
3) There's a very nice MACD Divergence.
.JPG)
