#USDCAD with a Great Risk Reward Trade! 👍🏻
Hey!
I am back with another Idea, this time looking at #USDCAD.
Few days I have managed to take a good profit from USDCAD,
and today, I have already managed to get into a long position in USD/CAD with another great risk to reward ratio.
Technical analysis
The price is in a strong support area, RSI and price says both the same, where is likely to bounce, or at least seek support and retest resistance area before another leg down, I suggest longing in the support area.
Have a good luck with trading, don't forget to stick to your strategy.
Don't forget to follow me, to not miss out on a good trade opportunities😉
Each "agree" is very much appreciated! 🙌
I am back with another Idea, this time looking at #USDCAD.
Few days I have managed to take a good profit from USDCAD,
Technical analysis
The price is in a strong support area, RSI and price says both the same, where is likely to bounce, or at least seek support and retest resistance area before another leg down, I suggest longing in the support area.
Have a good luck with trading, don't forget to stick to your strategy.
Don't forget to follow me, to not miss out on a good trade opportunities😉
Each "agree" is very much appreciated! 🙌
Trade closed: stop reached:
Support has been broken and the stop loss was hit, tight SL was set anyways.