USDCAD is in a ranging market with expectation of an upset breakout. This upset expectation is on the bases that there is a trade setup on this candlestick and price test the upper range two time already.
Go long the USDCAD if it trades at 1.3221 or higher. If triggered, place your stop at 1.3064 and exit the position for a profit at 1.3320 or at your own discretion. (Always invest wisely).
In this trade idea you don’t get the following:
1. How to identify the trade setup
2. How to identify short term trend
3. How to protect gains in your trade
4. Market deciding price exit for big moves in the market
5. Money management
6. Buy/Sell line which let you know when to buy or when to sell
7. Rules of gap opening
Go long the USDCAD if it trades at 1.3221 or higher. If triggered, place your stop at 1.3064 and exit the position for a profit at 1.3320 or at your own discretion. (Always invest wisely).
In this trade idea you don’t get the following:
1. How to identify the trade setup
2. How to identify short term trend
3. How to protect gains in your trade
4. Market deciding price exit for big moves in the market
5. Money management
6. Buy/Sell line which let you know when to buy or when to sell
7. Rules of gap opening
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评论:
Protect your position for this trade idea by moving your stop loss to 1.3211.
