Here I will be taking a long position on USDCAD, as I can see that the price has began to bounce off a resistance point. So far it looks to be moving in this way, although we have various bits of news throughout the day so hopefully we can reach TP's before 3'oclock. To hedge this I also have a 1:1 trade open, which once TP hits, I will change the SL on my original position to BE.
Trade closed manually
Position closed for now in profit, reached a small level of resistance on the 15m which I see it now coming down briefly.
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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.