USDCAD - Supply zone - SELL

Hello Traders,

Check out my 15min analysis. It's based on supply and demand zones.

Please use proper risk and moneymanagement!
I recomend to risk a max. of 2% on capital with each trade.

Trade infos:
Entry: 1.31802
SL: 1.31850 (4.9 Pips)
TP: 1.31417 (38.5 Pips)
Risk/Reward ratio: 7.86

Happy trading

Trade chiuso: stop raggiunto:

Idea didn't work out.

Commento:

For the next time: I set SL higher, to not get stopped out by fake breakout. The idea would have worked out perfectly if SL was higher.