SWING TRADING: LONG USDCAD. TARGET 1.42000

Updated
TRADE TYPE: INSTANT ENTRY LONG
TRADE DIRECTION: LONG
TIMEFRAME: DAILY
ENTRY PRICE: 1.34500 TO 1.35000
STOP LOSS: 1.28600
TAKE PROFIT: 1.420000
RISK TO REWARD: 1:1

ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low.

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CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers

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breakoutChart PatternsDaily ChartsDemand ZoneTechnical IndicatorsLONGSupply ZoneswingtradeTrend AnalysisUSDCAD

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