USDCAD has reach major key inflection point on the daily timeframe. What interseting is it approach this major key area with Descending corrective stucture which usually give signal for a move to the upside. The price has now rejected impulsively from the bottom of this descending structure. In addition it is now alreaddy forming a bullish continuation structure on lower TF (M30-H1).
I will take the break of this bullish continuation pattern as the trigger to my buy entry with sl below the continuation structure. There is a massive reward available if the price continue to move upside. On the other hand, i always use position sizing so i just risk 1% of my account / trade. With this massive risk reward ratio, this setup is surely a trade to take.
Good luck
I will take the break of this bullish continuation pattern as the trigger to my buy entry with sl below the continuation structure. There is a massive reward available if the price continue to move upside. On the other hand, i always use position sizing so i just risk 1% of my account / trade. With this massive risk reward ratio, this setup is surely a trade to take.
Good luck
交易進行:
Price break the bullish continuation flag now, so i took long entry with sl below the flag
評論:
Running 1 % now, Sl moved to bep,.. risk free trade..:)
評論:
Update : Now Running +1% ++. Move to to 1.30400. Lets see if the price can keep going further...
評論:
update: move sl to 1.30900,.. securing 1%++ profit..
手動結束交易:
Update on USDCAD trade that share before, this trade hit my trailling sl at 1.30900, securing 1 % profit. Lets see if we can find another reentry opportunity..