USDCAD Short Trade Setup
Hello traders.
I have placed 2 entry orders with the same stop-loss and without any target. The risk of the first order is 1% and it is 0.5% for the second one. The second orders entry price is 0.786 retracement of down move. I will remove one of them when the other becomes active. I'm taking short trades in USDCAD because of the daily structure. It looks like a pretty clear correction so far. There is still some room under trendline for bigger correction, buy in any case, I will take the trade, then I will move the stop-loss to breakeven then I will see the potential.
I have placed 2 entry orders with the same stop-loss and without any target. The risk of the first order is 1% and it is 0.5% for the second one. The second orders entry price is 0.786 retracement of down move. I will remove one of them when the other becomes active. I'm taking short trades in USDCAD because of the daily structure. It looks like a pretty clear correction so far. There is still some room under trendline for bigger correction, buy in any case, I will take the trade, then I will move the stop-loss to breakeven then I will see the potential.
Transaction en cours
Second order cancelledNote
It's falling down. Nice... Let's wait for a correction to take another short trade.Note
I'm waiting for a correction to take another short trade.Trade fermée: ordre d’arrêt atteint
It made exactly what I draw in the first chart. Now I'm expecting the next down impulse. I have published a new idea:
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.