USDCAD PULLBACK FROM THE Strong Demand Area Not able to Break that level :
Its Trying To it Up , There is A channel Formation In D frame It , Giving You the direction For uptrend , The Wave Pullback Up from The channel :
USDCAD BUY SETUP BUY USDCAD @ 1.3054 OR NOW
SL@ 1.3000 TP1 @ 1.30934 TP 2 @ 1.3200
NOTE : NOTE : I always Upload My trade With 2 TAKE PROFIT ( as TP1 & TP2 )
1- When Opening a New trade , Always Open Two Position (example : I send eurusd Signal - open Trade With 2 position ,if you want to open trade with 0.10 LoT - Divide that lot size - 0.05 & 0.05 and open two positions)
2: Set 1 Position TP as TP1 & Other 2 Position TP as TP2
3: When TP1 HIT , Your 1 position Automatically Get Close With TP1 Profit , And other Position Keep running
4: After Close of 1 position ,moved Other Position SL (stoploss) To Entry !
5: In this ways : If market Reverse Back and Hit your Entry , You still Make a Profit With 1 position, Coz it hit Your TP1
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.