030919-040919 usdcad PROFIT

HOURLY 1

Here also, the tredn reversal happened at 423%. At the outset, this is not a good setup. lot of resistance for a while and then an upmove burst. An the last upmove shape is also not a smooth curve. I took this trade because of the strong weakness of USD in other currency pairs, and also due to bunching up at 100% before the confirmation move.

HOURLY 2

As can be see, the yellow region represents the confirmation move, which breached 168% before moving up. So I gain I sold only 1 micro lot, putting a limit order near 100% for 2 micro lots. Again like the other previous two trades, it didnt fill the limit order and fell. I took profit before the TP.