USDCAD Buy setup Idea RR3
USDCAD Buy Setup:
The entry reason for this trade is due to the main movement being an uptrend and the strategy being trend following. There are two main points of reference that should be considered when making this trade. The first point is the above area, but it is not a strong one. Therefore, it would be better to wait for a new trend demand below.
Even though the risk-reward ratio may not be high at this point, the zone is very small which means you can increase the lot size. This is something to keep in mind when making the trade. It is important to calculate the lot size accurately to ensure you maximize profits.
Overall, this trade has the potential to be profitable due to the current market conditions. It is crucial to monitor the market closely and make adjustments as needed. Remember to stick to your trading strategy and be patient in waiting for the right entry point.
Profit is everywhere. Keep progress.
Rome Chocolate Trader.
USDCAD
The entry reason for this trade is due to the main movement being an uptrend and the strategy being trend following. There are two main points of reference that should be considered when making this trade. The first point is the above area, but it is not a strong one. Therefore, it would be better to wait for a new trend demand below.
Even though the risk-reward ratio may not be high at this point, the zone is very small which means you can increase the lot size. This is something to keep in mind when making the trade. It is important to calculate the lot size accurately to ensure you maximize profits.
Overall, this trade has the potential to be profitable due to the current market conditions. It is crucial to monitor the market closely and make adjustments as needed. Remember to stick to your trading strategy and be patient in waiting for the right entry point.
Profit is everywhere. Keep progress.
Rome Chocolate Trader.
USDCAD
Comment:
OK as expect it will go to our buying zone
Order cancelled:
Every thing ok but it not touch my order