Trading Idea: USD/CAD 15min Short Setup
This setup leverages Smart Money Concepts (SMC) on the 15-minute timeframe for a high-probability short.
Key Details:
Entry: Retracement into a Fair Value Gap (FVG) within the discount zone after a bearish Market Structure Shift (MSS).
Target (TP): 1.43345, aligned with Sell-Side Liquidity (SSL) below a key swing low.
Stop Loss (SL): Just above the FVG or last lower high, maintaining a favorable risk-to-reward ratio of at least 1:3.
Confluences: MSS confirmation, FVG in a discount zone, and liquidity targeting.
Trade Management: Move SL to breakeven upon significant bearish momentum or halfway to TP.
Disclaimer:
For educational purposes only. Perform your own analysis before trading.
Key Details:
Entry: Retracement into a Fair Value Gap (FVG) within the discount zone after a bearish Market Structure Shift (MSS).
Target (TP): 1.43345, aligned with Sell-Side Liquidity (SSL) below a key swing low.
Stop Loss (SL): Just above the FVG or last lower high, maintaining a favorable risk-to-reward ratio of at least 1:3.
Confluences: MSS confirmation, FVG in a discount zone, and liquidity targeting.
Trade Management: Move SL to breakeven upon significant bearish momentum or halfway to TP.
Disclaimer:
For educational purposes only. Perform your own analysis before trading.
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