Shorting USDCAD right now due to bearish inside bar and tested resistance zone.
entry: 1.3035
SL 1.3085 - above inside bar (daily chart)
TP 1.28.75 - 2:1 risk reward and very important support zone.
entry: 1.3035
SL 1.3085 - above inside bar (daily chart)
TP 1.28.75 - 2:1 risk reward and very important support zone.
Note
Trade closed: stop reached
Price went down approximately to RR 1:1 (good point to move SL to BE for some traders) and reversed up afterwards.
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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.