jazzik
Long

Long USDCAD after bullish pin bar in horizontal channel

FX:USDCAD   U.S. Dollar/Canadian Dollar
97 0 0
UPDATE 15/04: Got the fill yesterday, stopped out today. Result -1R.

Horizontal channel support tested with a candle that ended up as a bullish pin bar.
Long knot shows a strong demand at these levels.

Entry in the middle of the pin bar. Conservative entry to get a higher risk/reward ratio.
S/L below the lowest knot of this channel (3/2/15).
T/P close to the highs of this channel.
R/R 2.57
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out