USDCAD, Short, 1:6 + available.
Updated
Good morning ladies & gents,
I'm looking to short USDCAD today.
After price traded up to a D1 Bearish Orderblock, we saw a rejection and a market structure breakdown.
Today price has come back to retest the H1 Bearish Orderblock after that big drop yesterday to induce sell stops, price has come up to raid the stop losses of any retail sellers.
Looking for a continuation short from this point
Initial target is seen below for a RR of 1:6.
Good luck
- AmplaFX
I'm looking to short USDCAD today.
After price traded up to a D1 Bearish Orderblock, we saw a rejection and a market structure breakdown.
Today price has come back to retest the H1 Bearish Orderblock after that big drop yesterday to induce sell stops, price has come up to raid the stop losses of any retail sellers.
Looking for a continuation short from this point
Initial target is seen below for a RR of 1:6.
Good luck
- AmplaFX
Note
Clean shiftNote
Stop has been shifted to Breakeven. Took a small partial.Note
Clean move down. Let's see how price delivers going into NFP Friday.
Note
Taken some partial profit. Stop has been moved to breakeven.Let's see how today plays out.
Note
TP hit after many days!Sometimes it's not always a smooth ride.
RR 1:6
Risk: 1%
ROI: 6%
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