USDCAD trading plan 3 june 2024
Timeframe 1 hour
Plan:
Sell limit price at 1.36616 - 1.36776.
Stoploss at 1.36874
Reason to sell:
Plan:
Sell limit price at 1.36616 - 1.36776.
Stoploss at 1.36874
Reason to sell:
- Strong legout with 3 candles and create imbalance
- Short time in base with only 2 candles
- Fresh Zone
- minimum 1:2 RR
- EMA 50, 100, 200 are in line (confirm downtrend)
- Origin Zone
- Zone overlapping with h4 zone
Trade closed: target reached
3RR achieved
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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.