Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
USDCAD - Sell - Wycoff
U.S. Dollar / Canadian Dollar
Short
USDCAD - Sell - Wycoff
By NZ_Shareman
Follow
Follow
May 6, 2024
1
May 6, 2024
If they hover around here for a while they tend to break down more often than not.
Can set Alert below Buffer Zone (Area where Stops are Cleared or Buy Stops Entered = False Brea out)
If Continuation Candle after clearing Buffer Zone then Enter Trade SL above Trigger Line (Resistence)
Point of Control Crossed
RSI Down
Currency Strength Cross
Brea Below Support is Breaking all Session Lows for the day
Traders are Buyer at Present though
Oil is Strong +
Always take Partial Profits
Trail after 50% of trade has run
Move Trailing Stop in Cloer as Trade approaches Target
Trend Analysis
NZ_Shareman
Follow
Also on:
Disclaimer
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
.