Short

usdcad fakeout master set up

Updated

usdcad is preparing to form a fakeout pattern with three resistances and a fairly small fakeout area. I'm trying to minimize my area to get a good enough area. From the h4 timeframe I scaled down to the m15 timeframe and found a point that was quite optimal with low risk. enough to use SL only 20 pips with a high risk reward ratio of approximately 1:10

note : minimum risk and reward : 1:2

Comment

i forgot to delete my indicator haha

the_sun_trader

Also on:

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.