GOOD OPPORTUNITY TO GO LONG ON USDCAD
A decent opportunity for USDCAD has opened up on the 1hr . I will be looking for price to retrace 50% of that Bullish impulse. Should price move to that zone, i will be entering with 1% capital risked.
Both Stop loss and Take profit have been marked with a risk to reward ratio of 1:2.
Remember to always manage your risk on every trade because no trade is guaranteed to be a winner. Your job as a trader is to have an objective edge with every trade taken with proper risk management.
Happy trading all :)
Both Stop loss and Take profit have been marked with a risk to reward ratio of 1:2.
Remember to always manage your risk on every trade because no trade is guaranteed to be a winner. Your job as a trader is to have an objective edge with every trade taken with proper risk management.
Happy trading all :)
Trade closed: target reached
