Fxprotrader
Short

USDCAD: Great Risk/Reward Ratio Sell Setup

FX:USDCAD   U.S. Dollar/Canadian Dollar
1546 8 36
After a impulsive down move, price has retraced into a corrective structure and is about to test the slide parallel of a valid slope median line . Selling at that level where we also have the 0.786 fib retracement level of the impulsive is a very good idea. Aiming to the median line we will have a great risk/reward ratio trade setup (about 5:1 or more).

Have a nice trading week, thank you very much for all your support..!
Fxprotrader prince125700
You should place your stoploss depending your strategy (your setup). Based on structure you could place it just above previous high ( above 1.32435). But you better use your own strategy..
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i am in . Thank you.
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Ok good luck mate..!
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GREAT JOB!!!!!!
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Hi Fx,
And how are you ? what are your thoughts on the following sell set up on Aud/Chf ?

https://twitter.com/kevsta35/status/780658622367805440




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Fxprotrader pip_hunter
What pattern is this?
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Isnt going well ..
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