Possible USD/CAD Short Position
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H8
Timeframe - 1-2 weeks
Actions on -
A – Activating Event
Currency Pair creating a Double Top. USD will move north again over the next couple of weeks which will help line up the trade
B – Beliefs
Market will be rejected at @1.33314 level and move towards the first Target 1 level @ 1.31 level.
USDCAD
Trade Management
Entered @ Still waiting for confirmation
Stop Loss @ 1.341
Target @1.31
Risk/Reward @ 3:1
Happy trading. Will let you know closer to the time if or when executed
Chart time frame - H8
Timeframe - 1-2 weeks
Actions on -
A – Activating Event
Currency Pair creating a Double Top. USD will move north again over the next couple of weeks which will help line up the trade
B – Beliefs
Market will be rejected at @1.33314 level and move towards the first Target 1 level @ 1.31 level.
USDCADTrade Management
Entered @ Still waiting for confirmation
Stop Loss @ 1.341
Target @1.31
Risk/Reward @ 3:1
Happy trading. Will let you know closer to the time if or when executed
Follow your Trading plan, Remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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.
Follow your Trading plan, Remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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.