Dear traders,
Here is your USDCAD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “7”, and the USD stands at “2”, meaning that the CAD is stronger than the USD, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st Sell Liimit is placed at 1.2143 (with a 1% risk position size)
Our final Take profit is placed at 1.1860
Our Stop Loss is placed at 1.2202
This is a 270 PIPS trade - Risk Reward 1:4.5
Chart Timeframe; H8
Thank you. Like & Subscribe.
Trade Smartly.
Here is your USDCAD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “7”, and the USD stands at “2”, meaning that the CAD is stronger than the USD, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st Sell Liimit is placed at 1.2143 (with a 1% risk position size)
Our final Take profit is placed at 1.1860
Our Stop Loss is placed at 1.2202
This is a 270 PIPS trade - Risk Reward 1:4.5
Chart Timeframe; H8
Thank you. Like & Subscribe.
Trade Smartly.