Dollar A.S. / Dollar KanadaPenjualan
USDCAD H4 Cypher on a daily channel
Hello traders today I have on my radar a swing trade on USDCAD.
A cypher is near completion. The completion point and the reversal zone is near the upper trendline of a daily channel. I'm planning to wait for a reversal sign near completion before taking the trade.
But for the target I'm planning to swing all the way to the support just up to the downside trendline. I can have a R:R of 2 for this type of trade.
I'm not planning to take multiple target but move the stop to Break even if the price goes below 38,2% CD.
Stay tuned for this set up.
Happy trading
A cypher is near completion. The completion point and the reversal zone is near the upper trendline of a daily channel. I'm planning to wait for a reversal sign near completion before taking the trade.
But for the target I'm planning to swing all the way to the support just up to the downside trendline. I can have a R:R of 2 for this type of trade.
I'm not planning to take multiple target but move the stop to Break even if the price goes below 38,2% CD.
Stay tuned for this set up.
Happy trading
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.