Technical Analysis - UsdCad M30
1) Crossing Line between Conversion and Base Line
2) Price Break below Kumo
3) Chikou Span break all the above
Result Probability - Price going for Short
SL - Above Cloud
Profit Target - 1:3 to 2:0 risk to reward ratio or Safe TP at to the nearest SNR Level
1) Crossing Line between Conversion and Base Line
2) Price Break below Kumo
3) Chikou Span break all the above
Result Probability - Price going for Short
SL - Above Cloud
Profit Target - 1:3 to 2:0 risk to reward ratio or Safe TP at to the nearest SNR Level
Trade closed: target reached
STP to the nearest support level.. although the probability of price showing down trend at certain levelTrade closed: target reached
2nd Target reached
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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.