This is a continuation from the last USD/CAD trade (See Related Ideas section). The short entry wasn't triggered on that one unfortunately but there is yet another nice opportunity now to jump on the break & retest of a Daily Structure Level.
My bias is still strongly short on this one.
Hypothetical scenario:
(1) Entry @ 1.38580 (Sell LMT )
(2) Stop Loss @ 1.39670 | 109 pips
(3) Target @ 1.35200 | 338 pips
(4) R:R = 1:3.10
Stay tuned for the updates.
Follow and leave a like if you liked this idea and want to see more!
*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
My bias is still strongly short on this one.
Hypothetical scenario:
(1) Entry @ 1.38580 (Sell LMT )
(2) Stop Loss @ 1.39670 | 109 pips
(3) Target @ 1.35200 | 338 pips
(4) R:R = 1:3.10
Stay tuned for the updates.
Follow and leave a like if you liked this idea and want to see more!
*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
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