My last post was biased towards short IF the 4HR trend line was broken. This didn't happen and instead a mirning star formation has been made bouncing off the trend line, so I will be opening up a long position on USD/CAD with a TP up to the 4HR resistance level. TP @ 1.35555. SL @ 1.35000.
Trade active
Entered the trade.Trade active
Risk/Reward: 1.75Trade active
SL moved to breakeven. 50% of the target achieved so far.Trade closed: target reached
Target reached, a good win on the H1 chart. Would normally trade on higher timeframes, but this opportunity couldn't be missed. It always pays to check all the timeframes.
Related publications
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.
Related publications
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.