USDCAD Textbook Swing Trade - 1:4 RR
Price is oscillating within a range, very textbook pattern. In the circle is a 3 white knights reversal candlestick pattern, followed by a liquidity grab to take out aggressive entries. An engulfing candle came immediately after.
Long to the top of the range, be sure to manage your trade once TP1 is hit.
Long to the top of the range, be sure to manage your trade once TP1 is hit.
Trade active
Trade closed: target reached
TP1 reached. Move stops to breakeven. Secure profits. Unfortunately for me I closed my entire trade by accident. :+)Guess that's a sign for me to sit the rest of the ride out now. This range is choppy anyway- I might find another entry later.
Trade P/L: +43 pips / +120%~
Note
New idea publishedTrade closed: target reached
TP2 hitTrade closed: target reached
TP3 hit and beyond. Huge win for holders
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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.