It Look like Bottom of USDCAD but I think it not
Short UCAD TF Day
Entry 1.298
SL 1.3
TP1 1.283
TP2 1.277
I think many trader wait to Long in around this point but I check and next support line , RSI it look like more area to down
If price like it said , when price goto TP1 - move SL to BE plus some profit for lock your profit and trade with no loss
and wait price to TP2
so you will see SL is very low because If I am wrong market reverse in that point we will not hurt so much.
Entry 1.298
SL 1.3
TP1 1.283
TP2 1.277
I think many trader wait to Long in around this point but I check and next support line , RSI it look like more area to down
If price like it said , when price goto TP1 - move SL to BE plus some profit for lock your profit and trade with no loss
and wait price to TP2
so you will see SL is very low because If I am wrong market reverse in that point we will not hurt so much.
Trade closed: target reached