USD/CAD Quick Scalp 2.5 R:R
Updated
After a minor CHoCH on the 5/15 min charts, I will be taking a quick long scalp toward the HTF CHoCH Supply Zone that I mentioned in my previous post.
This 2.5 R:R will lead to my larger short-side trade when supply zone hits
Stop Loss: Below demand zone (created by CHoCH)
Take Profit: HTF Supply Zone
This 2.5 R:R will lead to my larger short-side trade when supply zone hits
Stop Loss: Below demand zone (created by CHoCH)
Take Profit: HTF Supply Zone
Trade closed: target reached
Our take profit has been hit! We have entered the CHoCH Supply zone and are now looking out for a larger short trade. See previous post titled "USD/CAD LTF Trade Setup" to understand what my confirmation will be to go short!
Partner & Managing Director
TraderDaddy | The Forex & Options Trading Academy
One-One Trading Mentorship
TheTraderDaddy.com
TraderDaddy | The Forex & Options Trading Academy
One-One Trading Mentorship
TheTraderDaddy.com
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.