Get started
03.freeman

USDCAD forecast - location - setup

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
03.freeman Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators USDCAD Forex forecast support takeprofit setup pbtcb
3
0
trendanalysis chartpattern indicator usdcad forex forecast support takeprofit setup pbtcb
USDCAD forecast - location - setup
Three possible cases.

Case 1:
Buy stop 1.30550
TP: 1.31300
SL: 1.30300
R/R: 5

Case 2:
Buy limit order at 1.29815
TP: 1.31300
SL: 1.29750
R/R: 22.5

Case 3:
Wait price in support zone
If price breaks through and close below (PBT&CB) 1.29760 then sell.
TP:1.29045
SL:1.30000
R/R: 2.98
Trade active:
Case 1 and 2 failed.
Now I'm on case 3 and I will ride it until target price
Trade closed: target reached
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.