Trade 22: Long USDCAD @1.2915
Trade Status: Pending
S.L 1.2815
T1: 1.3055
T2: 1.3300
Balance= $28 000 Position size = 0.65 lot ~ 2.5% risk of capital
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Reasoning
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Technician
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Trade Status: Pending
S.L 1.2815
T1: 1.3055
T2: 1.3300
Balance= $28 000 Position size = 0.65 lot ~ 2.5% risk of capital
===========================================================================
Reasoning
- Breakout above previous major swing high within the context of a long term trend
- Retracement towards the broken resistance and price formed a hammer candle and holding support
Don't forget to click the Thumbs Up
Wish me luck and best of luck for everyone.
For Trades rules and guidelines follow this link
My best regards
Technician
Subscribe to my trading portal thefxchannel.com
