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
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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.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.