Hi,
This is what I expect AUDCAD to be doing from here.
If you want to set-up your trade like me to achieve 1,7 risk to reward ratio follow my ladder order calculation that you see on the chart. "Amount" acts as % in this example.
Always calculate your risk:
Avg. Entry: 0,88711
Profit Target: 0,88415
Stop Loss: 0,88882
This is what I expect AUDCAD to be doing from here.
If you want to set-up your trade like me to achieve 1,7 risk to reward ratio follow my ladder order calculation that you see on the chart. "Amount" acts as % in this example.
Always calculate your risk:
Avg. Entry: 0,88711
Profit Target: 0,88415
Stop Loss: 0,88882
Trade closed: target reached