lukeboland
Long

USDCAD: Bull Cypher at Market

FX:USDCAD   U.S. Dollar/Canadian Dollar
Bull Cypher pattern formed here with D pattern completion at 1.30220, just above previous structure.

Entry: 1.30220
Target: 1.30670
Exit: 1.29780
Trade closed: target reached
What is your risk ratio for this ? It si not 3:1 ? It is not 2:1 ? It not 1:1 ? It is 0.8 :1 ? Why trade like this ?
Reply
lukeboland PRO VictorVJJustice
Hi,

1:1 R:R and greater than 50% win percentage = profitable trading plan.
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