Trading Plan USDCAD TF 4H / SWING -Demand Imbalance Area -Break trendline and retest -Expecting further upside pressure ENTRY LEVEL Pending Order Buy @ 1.23793 SL @ 1.22693 TP @ 1.25579 RiskReward : 1 : 1.6 Max Risk 0.5% - 1% for Money Management using Lot Size Calculator *If reach RR 1 : 1 set SL to BreakEven/Entry Point *Disclaimer On* Goodluck
BOUNCE AT GOLDEN NUMBER FIBO WITH HAMMER CANDLESTICK Expecting prices to push up towards previous highs. RR = 1:2 Good Luck
ENTRY AT GOLDEN FIBO FOR FOLLOW THE TREND RR = 1 : 2.3 GOOD LUCK
-HEAD AND SHOULDERS PATTERN -ENTRY POINT IF "NICE BREAK NECKLINE" (ABOUT 0.65773) -RR = 1:2
WAIT FOR NICE REJECTION TO TRENDLINE AND WE CAN SELL
-Inverted Hammer -RSI (14) Oversold TRADE ON YOUR OWN RISK
-Shooting star -Doji -RSI (14) Most Bought TRADE ON YOUR OWN RISK
-Bullish Engulfing -RSI (14) Oversold TRADE ON YOUR OWN RISK
- DARK CLOUD COVER CONFIRM - BEARISH ENGULFING CONFIRM - RSI(14) OVERBOUGHT TRADE ON YOUR OWN RISK
Shooting Star Confirmation, trend depend on News TRADE ON YOUR OWN RISK