Fxprotrader
Short

USDCAD: Great Risk/Reward Ratio Sell Setup

FX:USDCAD   U.S. Dollar/Canadian Dollar
1543 8 35
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..!
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prince125700
2 months ago
SL?
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Fxprotrader PRO prince125700
2 months ago
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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rigen
2 months ago
i am in . Thank you.
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Fxprotrader PRO rigen
2 months ago
Ok good luck mate..!
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fxxxxtrader PRO
2 months ago
GREAT JOB!!!!!!
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pip_hunter
2 months ago
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 PRO pip_hunter
2 months ago
What pattern is this?
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Dguaman
2 months ago
Isnt going well ..
Reply
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