Trade Setup: continuation setting up for a reversal Entry Time Frame: 1H Confirmation: B on 30 with D for short. SBD on 1H for long Risk/Reward Ratio (RRR): 3 for short. 4-7 for long. Upcoming High-Impact News: ADP news for CAD in 4 hours. Retail sales for USD in 4 hours. Level of confidence: 55% for short. 65% for long Day & Session Spotted: Thursday-LODN
PS. Been very sick Yesterday. A little bit better today.
Trade active
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Already have a scalp position for short active.
Comment
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If the short does not move hit TP nor the SL, will probably exit this short position before the CAD news coming in the next 20 mins.
Trade closed manually
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Late update. Very good call to exit just before the CAD news (ADP) release last night. Exit was on small profit at 86.500 just before the News release which did a liquidity run on the recent high then flushed to the buy zone I mapped out. I did the exit in my phone, decided to not enter for the long setup and went to bed after, thus the late update.