Try again long setup
Yesterday I had a rush into buying USDCAD, today by looking at the chart I think I want to give it another try.
Double lot size used given I've already made a loss and want a small risk to recover
It has reached to it's previous first line of support which is around 1.261 - 1.264 and now at the base of it to break it, at which point I expect it to bounce back up. (which it did seems like since I've already entered my order - but it's going down again...)
RISKY
SL: below 1.261, I set it at 1.2604
TP: recover 0.5 fb previous day price loss.
GL
Double lot size used given I've already made a loss and want a small risk to recover
It has reached to it's previous first line of support which is around 1.261 - 1.264 and now at the base of it to break it, at which point I expect it to bounce back up. (which it did seems like since I've already entered my order - but it's going down again...)
RISKY
SL: below 1.261, I set it at 1.2604
TP: recover 0.5 fb previous day price loss.
GL
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