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FX618Analysis

SWING TRADING: SHORT USDCAD. TARGET 1.33900

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
FX618Analysis Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators USDCAD short swingtrade support Support and Resistance Demand Zone Supply Zone breakout
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trendanalysis chartpattern indicator usdcad short swingtrade support supportandresistance demandzone supplyzone breakout
TRADE TYPE: INSTANT ENTRY
TRADE DIRECTION: SHORT
TIMEFRAME: 4H
ENTRY PRICE: 1.34650
STOP LOSS: 1.35370
TAKE PROFIT: 1.33900
RISK TO REWARD: 1:1

ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high

Follow this thread for any future updates regarding this specific trade.

CAUTION: Trading is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers
Trade active
Trade closed: target reached

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