USDCAD - A bounce off 1.3030

Hey guys, just execute a long off USDCAD around 1.3070.

Best zone to execute my long is 1.3030 which I think I have missed it, so I am buying slightly higher at a worse R:R.

Price has bounced off this shark pattern and I am aiming for the next SNR zone at 1.32 for profit taking.

SL will have to go below 1.3 at 1.2980.

I do not expect this to be a real big reversal, just a 100+ pips bounce and I am out.

I will also be conservative to lock in my profits by shifting my SL to EP once I turn green.

Will keep you guys posted.

Good luck and good trading.

EP: 1.3070
SL: 1.2980 (90)
TP: 1.32 (130)

Trade wurde manuell geschlossen:

Could nto clear 1.3080, taking a small loss of 20 pips on this. USD correction continues downwards.

Still riding my usdjpy short.