USD/CAD

67
Hello guys !


My second idea for you it a long term idea.

Why ? Because day trading is a job, not a hobby or passing fad of a pastime.

Everybody it's here to make money on long term not on short term.

Why to win today or this week when you lose 3 weeks after that and those losses put you out of the game ?

Be patience and do not be greedy.

So on this pair i see a trend reversal, also this need patience but we can get 9+ Risk/Reward.

In my opinion it more profitable on higher time frame like 4H and daily, it for long term, you can check also by yourself, take a look at 2-3 medium candles on daily TF and and ofert that take a look at 1 H TF :)

So we have start of a downtrend channel from 31.12.2018, at this moment the pair hit the upper chanel at the price of 1.33293.
From that price, the pair is going down.

I propose you the wait until the price will pass down through 200 EMA so we can have also a downtrend and more support for our trend.

So I'll give you next infos so we can enter in the trade.

Entry price at 1.32381

Take profit at 1.30939

Stop loss at 1.32518

Feel free to ask me anything and also follow me on tradingview.

Also you can join me at Slack, just write me using chat !

Thanks for your time
Have a good day !

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