H4 USDCAD is testing resistance at 61.8% and might form double top, if so its a high profit trade with 1:6 risk reward trade.
1st target is a 1:3RR(bag some of the profit)
2nd target is a 1:4RR (must bag most of the profit)
3rd target is a 1:6RR (take all the profit, reversal might happen)
1st target is a 1:3RR(bag some of the profit)
2nd target is a 1:4RR (must bag most of the profit)
3rd target is a 1:6RR (take all the profit, reversal might happen)
Trade active:
1st target hit. Bagged 70%. Moved stoploss to breakeven. Risk free trade now. Forget it and search for next trade. :)
Comment:
massive drop coming very soon next week. beautiful chart