USDCAD Long Trade Setup
Updated
Hey guys,
just a short trading setup. We took a long position at around 1.3325 with a stop loss at around 1.33033 and initial target of 1.3387.
This trade is just a range play. BUT why the position we haven taken is because of structure and Intermarket reasons, so we didn't just bought it randomly there is a strategy and structure technique behind it. For more see our signature.
So we are bullish short term the USDCAD lets see whether it play out or not. As always never over leverage and always use a stop loss while trading and never risk more than 1% on each trade.
Cheers
just a short trading setup. We took a long position at around 1.3325 with a stop loss at around 1.33033 and initial target of 1.3387.
This trade is just a range play. BUT why the position we haven taken is because of structure and Intermarket reasons, so we didn't just bought it randomly there is a strategy and structure technique behind it. For more see our signature.
So we are bullish short term the USDCAD lets see whether it play out or not. As always never over leverage and always use a stop loss while trading and never risk more than 1% on each trade.
Cheers
Trade closed: stop reached
Our trade was stopped out with around -44 Pips.
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