Dear traders,
Here is your USDCAD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “7”, and the USD stands at “2”, meaning that the CAD is stronger than the USD, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st Sell Liimit is placed at 1.2143 (with a 1% risk position size)
Our final Take profit is placed at 1.1860
Our Stop Loss is placed at 1.2202
This is a 270 PIPS trade - Risk Reward 1:4.5
Chart Timeframe; H8
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Trade Smartly.
Here is your USDCAD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “7”, and the USD stands at “2”, meaning that the CAD is stronger than the USD, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st Sell Liimit is placed at 1.2143 (with a 1% risk position size)
Our final Take profit is placed at 1.1860
Our Stop Loss is placed at 1.2202
This is a 270 PIPS trade - Risk Reward 1:4.5
Chart Timeframe; H8
Thank you. Like & Subscribe.
Trade Smartly.
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.
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.