USDCAD pulls back after breaking a support. Respects downtrend line. There is an inside bar formed on 1Day and 4H time frames. Planning on initiating a trade upon inside bar breaking to the downside. Im going to close half a position at 1:1 risk reward ratio and the other half at 1:2 or let it ride, Depending on price action.
Comments welcome
Dan
Comments welcome
Dan
Order cancelled
inside bar didn't broke to the downside.price is heading the right way now.. however didn't get the trigger i was looking forNote
price faked out here, however offered short opportunities later.
Dan
PS: this is not a financial advice. simply blog of my ideas I would like a feedback from more experienced traders, and to see how I perform over time)
PS: this is not a financial advice. simply blog of my ideas I would like a feedback from more experienced traders, and to see how I perform over time)
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.
Dan
PS: this is not a financial advice. simply blog of my ideas I would like a feedback from more experienced traders, and to see how I perform over time)
PS: this is not a financial advice. simply blog of my ideas I would like a feedback from more experienced traders, and to see how I perform over time)
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.