LONG on USD/CAD 12-26-21
USD/CAD currently is in a uptrend and has been since Oct.
It has bounced off the 38.2 Fibonacci level and is closely about to bounce off a uptrend line.
I am looking to get 300-400 pips off this move.
Here is the trade I will be taking on this pair:
ORDER TYPE = BUY STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.28455
STOP LOSS = 1.27643 - 81 PIPS / $8.10 LOSS
TAKE PROFIT = 1.31970 - 351 PIPS / $35.10 GAIN
It has bounced off the 38.2 Fibonacci level and is closely about to bounce off a uptrend line.
I am looking to get 300-400 pips off this move.
Here is the trade I will be taking on this pair:
ORDER TYPE = BUY STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.28455
STOP LOSS = 1.27643 - 81 PIPS / $8.10 LOSS
TAKE PROFIT = 1.31970 - 351 PIPS / $35.10 GAIN
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.
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.