USDCAD - Supply zone - SELL
Updated
Hello Traders,
Check out my 15min analysis. It's based on supply and demand zones.
Please use proper risk and moneymanagement!
I recomend to risk a max. of 2% on capital with each trade.
Trade infos:
Entry: 1.31802
SL: 1.31850 (4.9 Pips)
TP: 1.31417 (38.5 Pips)
Risk/Reward ratio: 7.86
Happy trading
Check out my 15min analysis. It's based on supply and demand zones.
Please use proper risk and moneymanagement!
I recomend to risk a max. of 2% on capital with each trade.
Trade infos:
Entry: 1.31802
SL: 1.31850 (4.9 Pips)
TP: 1.31417 (38.5 Pips)
Risk/Reward ratio: 7.86
Happy trading
Trade closed: stop reached
Idea didn't work out.Note
For the next time: I set SL higher, to not get stopped out by fake breakout. The idea would have worked out perfectly if SL was higher.
Related publications
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.