Looking at a scalp trade at Half Risk for USDCAD, it is somewhat high risk. going against intra- day trendy
USDCAD
SELL LIMIT @ 1.24206
Stop Loss: 1.24241 (Add Spread)
TP 1 (10%): 1.24170 (Stop Loss→Break-Even)
TP 2 (25%): 1.24098
TP 3 (35%): 1.24027
AsReq (30%): 1.23847
Reason: Looking at a short-term scalp sell, price has previously rejected this area aggressively looking for a similar bounce.
USDCAD
SELL LIMIT @ 1.24206
Stop Loss: 1.24241 (Add Spread)
TP 1 (10%): 1.24170 (Stop Loss→Break-Even)
TP 2 (25%): 1.24098
TP 3 (35%): 1.24027
AsReq (30%): 1.23847
Reason: Looking at a short-term scalp sell, price has previously rejected this area aggressively looking for a similar bounce.
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.
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.