EL_KHIBRATTOR
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USD/CAD Trend Continuation

FX:USDCAD   美元/加元
This is a trend continuation trade.
Price now is facing a resistance structure which is aligning with the 50% fib level of the last selloff leg.
Overall trend is bearish so this will be a riding trade wih high reward:risk ratio (the take profit placement is above the support level)
交易结束:到达止损
Stop Loss hit? SELL 1.2605 ))
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EL_KHIBRATTOR DzianisBabrou
@DzianisBabrou, Stop loss is above the resistance level(Blue Line)
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DzianisBabrou EL_KHIBRATTOR
@EL_KHIBRATTOR, I know) I say that it can catch so close)
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EL_KHIBRATTOR DzianisBabrou
@DzianisBabrou, Actually it's 36 pips away from current price...Once Price breaks through the resistance level the trade idea will be invalidated.
This setup gives the trade a high reward:risk ratio of 4,97:1
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