USDCAD Our short plan
Updated
We think that we have enough reason to short this pair using 1.33 level.
We'll scale out in three parts if trade works out.
Like and comment if you find value in our analysis.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
We'll scale out in three parts if trade works out.
Like and comment if you find value in our analysis.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
Trade closed: target reached
We had to wait until the last support since our risk/reward ratio is less than expected
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