USDCAD - Pin Bar Breakout (Idea #1)
Updated
We are long today on a break out of the high of the pin bar.
Daily chart showed pin bar rejection from strong support near weekly S2.
RSI sloping upwards.
Entry: 1.30108 (Buy Stop)
TP1: 1.3080 (Advise to take profit on half the trade, and move Stop loss on remaining half position to 1.30110)
TP2: 1.3190 (Close all for full profit)
Daily chart showed pin bar rejection from strong support near weekly S2.
RSI sloping upwards.
Entry: 1.30108 (Buy Stop)
TP1: 1.3080 (Advise to take profit on half the trade, and move Stop loss on remaining half position to 1.30110)
TP2: 1.3190 (Close all for full profit)
Trade active
Buy Stop Order TriggeredEntry: 1.30108
Note
Forgot to mention. Stop Loss at 1.2880Trade closed: target reached
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