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TheCloudNinja_Genosuke
Oct 18, 2021 2:31 PM

USDCAD - BASED ON ICHIMOKU ANALYSIS Short

USD/CADCapital.com

Description

Technical Analysis - UsdCad M30

1) Crossing Line between Conversion and Base Line
2) Price Break below Kumo
3) Chikou Span break all the above

Result Probability - Price going for Short

SL - Above Cloud
Profit Target - 1:3 to 2:0 risk to reward ratio or Safe TP at to the nearest SNR Level

Trade closed: target reached

STP to the nearest support level.. although the probability of price showing down trend at certain level

Trade closed: target reached

2nd Target reached
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