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USDCAD 1H False BreakOut
U.S. Dollar / Canadian Dollar
Short
USDCAD 1H False BreakOut
By MilaD-PAV
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Updated
Jan 26, 2021
3
Jan 25, 2021
- false breakout with pin bar on down trend line
- pin bar signal in supply area
- Divergence with RSI
Jan 26, 2021
Trade active
Unfortunately down trend line broken but stop loss placed above of good resistance level ,because of that i prefer keep going on trade with 2% risk
Jan 26, 2021
Note
price goin down from supply area, SL moved to entry point and trade is risk free
Jan 26, 2021
Trade closed: target reached
TP1 Reached
Supply and Demand
Support and Resistance
Trend Lines
MilaD-PAV
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