KelvinShamKaiMan

tradeideas-disscussion: 2019-11-25 USDCAD

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
A bearish bat pattern completed in H4 chart. I opened sell order in last week, now the market back to potential reversal zone (1.33120-1.33020) again. Traders can consider this setup after doing risk management. In this setup, traders can mark a beautiful stop loss by using three high points (~1.3338) in daily chart and get a nice risk-reward ratio.

Please follow me if you want to know my trade ideas!
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.