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DAY TRADING: SHORT USDCAD! TARGET 1.31170
U.S. Dollar / Canadian Dollar
Short
DAY TRADING: SHORT USDCAD! TARGET 1.31170
By FX618Analysis
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Updated
Jul 21, 2023
3
Jul 20, 2023
TRADE TYPE: INSTANT ENTRY SHORT
TRADE DIRECTION: SHORT
TIMEFRAME: 1H
ENTRY PRICE: 1.31800
STOP LOSS: 1.32070
TAKE PROFIT: 1.31170
RISK TO REWARD: >1:1
ANALYSIS: Price broke the demand zone and is likely looking to aim for upcoming demand zone. stop loss ideally placed above swing high
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
Jul 20, 2023
Trade active
Jul 21, 2023
Trade closed: stop reached
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Trend Analysis
FX618Analysis
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