Tradingstrategyguides

USDCAD 4H SHORT TRADES

Corto
FX:USDCAD   Dólar estadounidense/Dólar canadiense
Price is moving between 50 sma and 100 sma

Price may rise back to 50 sma again before falls to 100 sma
Sell Limit @ 1.3567
Sell Limit TP - take 1/2 profit @ 1.3480
Let rest of trade ride

Price can currently fall to 100 sma and break below
Sell Stop @ 1.3480
1st Sell Stop TP @ 1.3427 - take 1/2 profit let rest ride
2nd TP close all trades @ 1.3364

SL placed above high
Adjust SL as price falls
Comentarios:
Price closed and held below 100 sma
Trade Entered
Comentarios:
Strong CAD pushed price bearish
Price hit 1st take profit took 1/2 trade off
Letting trade ride to 2nd bearish TP
Comentarios:
Both TP hit
Comentarios:
Possible Bearish Continuation TP points
Comentarios:
Possible Reversal point

Come learn a new trading strategy at tradingstrategyguides.com?utm_source=tradingview

Our free Telegram channel: t.me/TradingStrategyGuides
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.