[USDCAD] SHORT 06.02.2020
Rejection at order block base. TF-DM indicator "Opposite Day" confirmation on 5min chart.
TP1: 20 PIPS
TP2: 30 PIPS
SL: 15 PIPS
Trade Responsibly.
TP1: 20 PIPS
TP2: 30 PIPS
SL: 15 PIPS
Trade Responsibly.
Note
Just noticed that price never closed below the OB on the 4H... This might be an issue.
Note
Never mind. A close below or above on the 1H is enough to qualify an entry.Note
TP1 HIT @ +20 PIPSTP2 deleted, trade closed manually @ +38 PIPS
Note
It just so happens that if you held the trade until a break in market structure on the 15min chart, the final exit would have been @ +38 PIPS. Interesting coincidence.
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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.