Malika_Analysis
Long

GOOD OPPORTUNITY TO GO LONG ON USDCAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
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 :)
Apr 25
Trade closed: target reached
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out