USDCAD - Aug 1 2019 - SHORT
Updated
Decided to sell USDCAD based on the analysis:
- Exit the line supporting the uptrend on the D1 time frame
- If today's candle is closed with a Shooting Star Candlestick, the probability of success of this signal will be higher. This is a resistance zone and Shooting Star Candlestick appears and this shows that the selling side has prevailed over the buying side
- Exit the line supporting the uptrend on the D1 time frame
- If today's candle is closed with a Shooting Star Candlestick, the probability of success of this signal will be higher. This is a resistance zone and Shooting Star Candlestick appears and this shows that the selling side has prevailed over the buying side
Note
I have my own capital management plan with this RR rate. If you think this RR is quite high, I recommend: Entry: 1.32200
SL: 1.34410
TP: 1.28130
with risk of 2% of capital
Trade active
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