EURCAD intraday Trade. SHort term selling.
Selling the EURCAD at the lower curve , short term selling on a lower time frame ( 15 min ). Intraday trade.
Lower probability . I saw this and took the opportunity. Even IF I get stopped out, I only loss for 10 pip. which is worth $39 for a reward of $97. So its a 1:3 RR. For a short term , thats consider to be ok already. Im ok with the risk.
But if the price decided to go sideways within the supply zone. I will close it as that indicates orders are being filled and may be its going for a higher supply zone which has a higher probability.
Lower probability . I saw this and took the opportunity. Even IF I get stopped out, I only loss for 10 pip. which is worth $39 for a reward of $97. So its a 1:3 RR. For a short term , thats consider to be ok already. Im ok with the risk.
But if the price decided to go sideways within the supply zone. I will close it as that indicates orders are being filled and may be its going for a higher supply zone which has a higher probability.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.