Possible USD/CAD Short Position
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H8
Timeframe - 1-2 weeks
Actions on -
A – Activating Event
Currency Pair creating a Double Top. USD will move north again over the next couple of weeks which will help line up the trade
B – Beliefs
Market will be rejected at @1.33314 level and move towards the first Target 1 level @ 1.31 level.
USDCAD
Trade Management
Entered @ Still waiting for confirmation
Stop Loss @ 1.341
Target @1.31
Risk/Reward @ 3:1
Happy trading. Will let you know closer to the time if or when executed
Chart time frame - H8
Timeframe - 1-2 weeks
Actions on -
A – Activating Event
Currency Pair creating a Double Top. USD will move north again over the next couple of weeks which will help line up the trade
B – Beliefs
Market will be rejected at @1.33314 level and move towards the first Target 1 level @ 1.31 level.
USDCADTrade Management
Entered @ Still waiting for confirmation
Stop Loss @ 1.341
Target @1.31
Risk/Reward @ 3:1
Happy trading. Will let you know closer to the time if or when executed
Follow your Trading plan, Remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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