Mustafoinc
Short

USDCAD 1h Bear Cypher + Structure

FX:USDCAD   U.S. Dollar / Canadian Dollar
31 0 0
Will not be buying at D but a little bit above that, if price makes it that high.

Reason being; decent structure (red line) and also want to give my stop loss more than normal room so to keep my risk to reward I will either miss this trade or get in for a better price with more room for the stop loss, keeping the risk to reward 1:1.45 for 1st target.

I have drawn in the Fibs expecting price to only go as high as my buy point, if it goes higher you must readjust the Fibs for the 1st target of 38%.

Let us see what conspires!
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out