USDCAD:TRADER'S BEWARE OF FREE FALL-BEARISH.

Hello fellows,

USDCAD 4HR SELL PLAN: In the chart, the price range moving into a critical passthrough zone.

The market marking a downfall setup, at 1.33410 market printed an impulse and short out the upward movement from the massive fall.

After the trend change, candles formed back to back impulse for an up run. unfortunately, candles don't have enough strength to mark a move and remarkably, it ended up with parallel candles. Every upward candle paired with the parallel downward candle.

Currently, price range moving @1.32522. Before this move candles printed a solid upward candle.

By these facts, there is a chance for free-fall formation.

TRADER'S EYES ON THE CHART AND MAKE YOUR MOVE.

SIGNAL SPECIFICATION:

Pair: USDCAD

Order: SELL

Entry: 1.32522

Take profit: 1.30688

Stop loss: 1.33875

Risk Vs Reward: 1.36

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Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

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Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil
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Bình luận:

As I mentioned, the market printed an impulse and pulled the price range to down in a single stroke. +100 pips down yet to hit the TP.

HAPPY TRADING.

Giao dịch đang hoạt động:

Market keep printing the signals in the bear lane.+120 pips down.

Yet to hit the target. Stick with the plan.

Happy trading.

Đóng lệnh: đạt mục tiêu:

TP GOT HIT. 184 PIPS DOWN GREEN PIPS.

If anyone in the house, booked a trade as mentioned above means you could have bagged the profit. Real money.!

HAPPY TRADING.