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!
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