Beebags

USDCAD - Bearish 2618

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Very clear H1 bearish double top formed, perfect setup for a 2618 trade to the downside.
The only trade management that the 2618 requires is when price reaches TP1, we close half the position for profit and move our stop loss to breakeven. Otherwise we have our entries and exits in place and just let it run.

Entry - 1.33210
Stop - 1.33831
TP1 - 1.32510
TP2 - 1.32150

Luke

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.