USDCAD trading plan 3 june 2024
Timeframe 1 hour
Plan:
Sell limit price at 1.36616 - 1.36776.
Stoploss at 1.36874
Reason to sell:
Plan:
Sell limit price at 1.36616 - 1.36776.
Stoploss at 1.36874
Reason to sell:
- Strong legout with 3 candles and create imbalance
- Short time in base with only 2 candles
- Fresh Zone
- minimum 1:2 RR
- EMA 50, 100, 200 are in line (confirm downtrend)
- Origin Zone
- Zone overlapping with h4 zone
Trade closed: target reached
3RR achieved
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