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twistsiwt
Oct 10, 2017 12:18 PM

1hr Trade  Long

U.S. Dollar/Canadian DollarFXCM

Description

4 Hour big boy trend is currently sellers market but retracement at these levels is possible given previous price action so be on the lookout for a buy

Trade 1 Risk Reward 2.9
If it closes in the region of 1.25240 be on the lookout for a long trade and then a second as marked on the charts.

Trade 2 Risk Reward 4.3
*Risky* Must wait for confirmation. Chances of a trend developing a prob more likely at Trade one TP so becareful on entry on trade

Don't enter if price doesn't breach and be sure to use a stop loss.
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