Long USDCAD 60m
Updated
With price putting in a higher high higher close on the daily chart. My overall bias is bullish. Down on the hourly chart price has been trading nice and tight to the high side. I am looking for price to breakout to the high side. My initial target is about half way to target 2 that comes into structure. I have a 7:1R for T1 & a 13:1R for T2. let's see if I can make some nice coin on this trade. Trading involves risk.
Comment
Fucking A, check that RR 7:1 to T1 and 13:1 to T2 just about 38 pips or so from T1. This is what I call let the winners run.Comment
Still waiting for T1 to be triggered about 10 pips out. I need just a little push higher to trigger that 7:1 RR for T1.Comment
Target 1 was hit for a nice 7:1 RR. and right at 100 pips. Now on to seeing if T2 can be reached.
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.