If you are looking for trades that can be executed quickly and have a good ratio.
See USDCAD!
About the 3: 1 ratio
The potential profit is 150 pips at 1.2822 levels.
The minimum stop that can be used is 1.2620 or 50 pips
(the more conservative version is 1.2580)
Regarding the quickness of movement:
A decision on the interest rate by the Bank of Canada will be published today.
Even if there is no change in interest rates, it is very likely that we will see a movement.
Which allows for performance throughout the day. There are less than 9 hours left until the news!
Technically, we have reason to buy even after the break of the one-hour trend!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
See USDCAD!
About the 3: 1 ratio
The potential profit is 150 pips at 1.2822 levels.
The minimum stop that can be used is 1.2620 or 50 pips
(the more conservative version is 1.2580)
Regarding the quickness of movement:
A decision on the interest rate by the Bank of Canada will be published today.
Even if there is no change in interest rates, it is very likely that we will see a movement.
Which allows for performance throughout the day. There are less than 9 hours left until the news!
Technically, we have reason to buy even after the break of the one-hour trend!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
