TradingView
Cmasterza
Feb 21, 2019 3:04 PM

USDCAD Trade Idea Short

U.S. Dollar/Canadian DollarFXCM

Description

This is a classic example of the TLS trading system using price action:

Trend = down
Level = resistance
Signal = bearish engulfing (and a hanging man with confirmation)

Stop loss @ 1.32199 and
Take profit @ 1.30871

30 pip risk for 100 pip reward

Dont bet the farm and always exercise healthy risk management :)

Trade closed: stop reached

- 30 pips
More