KhaleemAli

USD/CAD LONG - Bullish Candle/Hammer/Breakout

Panjang
KhaleemAli Telah dikemas kini   
FX:USDCAD   Dolar A.S. / Dolar Kanada
2
Took a long on this pair. It broke out of a strong daily trend line to the upside, however, I didn't take out the long position straight away as it may have been a fakeout, so i waited for a retest of the trend line and rejection in the form of a candle such as a hammer. When the hammer candle was formed on the 4HR time frame, i waited again for double confirmation, so then a strong bullish candle was formed and i took out the long position. I have placed my SL below the wick of the hammer candle, and TP at the next resistance level and psychological level 1.32.

TP @ 1.31996
SL @ 1.3068
R/R @ 2.0
Komen:
SL moved to breakeven. If it goes down now it'll surely be heading down for a while.
Komen:
Closed out position manually at a small profit.
Komen:
Closed position because i got influenced by an opinion. Will keep tunnel visioned from now on.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.