Usdcad sell
Entry: 1.39079
SL: 1.39.278
TP : 1.38662
RR 1:2 take partials after 1:1 and setup SL to BE.
📊 Trade Plan Idea
1. Liquidity Grab ($$$$$)
Price ran above previous swing highs where liquidity was resting (buy-side liquidity).
This is a classic stop-hunt before a potential reversal.
2. Supply Zone (1.3910 – 1.3928)
Price has wicked into the supply zone and is showing rejection.
This aligns with the earlier bearish idea.
3. Bearish Bias Confirmation
The red arrow indicates expectation of a drop after liquidity grab.
Liquidity sweep + supply zone = strong bearish confluence.
Entry: 1.39079
SL: 1.39.278
TP : 1.38662
RR 1:2 take partials after 1:1 and setup SL to BE.
📊 Trade Plan Idea
1. Liquidity Grab ($$$$$)
Price ran above previous swing highs where liquidity was resting (buy-side liquidity).
This is a classic stop-hunt before a potential reversal.
2. Supply Zone (1.3910 – 1.3928)
Price has wicked into the supply zone and is showing rejection.
This aligns with the earlier bearish idea.
3. Bearish Bias Confirmation
The red arrow indicates expectation of a drop after liquidity grab.
Liquidity sweep + supply zone = strong bearish confluence.
Trade active
1:1 hit so i moved SL to BE.Trade closed manually
price went to 1:1 and i took partials and set SL to Entry so i got stooped out at Entry.
Trader 📈 | Analyst 🧠FX | Indices. Strategy + Patience = Profit.
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.
Trader 📈 | Analyst 🧠FX | Indices. Strategy + Patience = Profit.
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.