RiccardoAnnoni
Long

Good daily chance on the USDCAD

FX:USDCAD   U.S. Dollar/Canadian Dollar
19 0 0
After a massive sell-off USDCAD             is in digesting mode and a BUY order at market seems a good trade to me.
IDEA: close if H4 candle closes below 1.21.
TP1 at 1.22
TP2 at 1.225

As usual I recommend to be strictly observant of a tight stop loss rule, beign that the case of a counter trend action.
For Taking Profit, you can do almost whatever you want, but don't make mistake of closing too early a winning position as in the long rum you will end up losing due to a poor risk/reward ratio in your operations.

Cheers
R
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out