POSITION TRADING: USDCAD SELL LIMIT ORDER. TARGET 1.30200
TRADE TYPE: SELL LIMIT
TRADE DIRECTION: SHORT
TIMEFRAME: WEEKLY
ENTRY PRICE: 1.35400
STOP LOSS: 1.40600
TAKE PROFIT: 1.30200
RISK TO REWARD: 1:1
ANALYSIS: Price broke the demand zone/ support and is likely looking to aim for upcoming demand zone/ support. stop loss ideally placed above supply zone/ swing high
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers
TRADE DIRECTION: SHORT
TIMEFRAME: WEEKLY
ENTRY PRICE: 1.35400
STOP LOSS: 1.40600
TAKE PROFIT: 1.30200
RISK TO REWARD: 1:1
ANALYSIS: Price broke the demand zone/ support and is likely looking to aim for upcoming demand zone/ support. stop loss ideally placed above supply zone/ swing high
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers
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