I am eyeing to short USDCAD with right timing and right location
Because I am too lazy to write all SnR lines in the chart, I am just using a box to sell if price get into the box area, and my take profit target, around the box area.
Well I am looking to short if price gets into the red box, of course with good location inside the box and price must reach there in right timing, then I will short from there.
I will be looking to take profit if the price get into the green box below.
Technically, the market structure is more to uptrend, so I am looking to short here as a retracement for upside move in a bigger scale. My TP (green box) is based only a small timeframe structure, which I think new HL will be formed around the green box.
Hopefully price will get into at least half of the red box so I can reduce my SL. Max SL is at 1.3375.
Let's see how it goes later today or tomorrow.
Well I am looking to short if price gets into the red box, of course with good location inside the box and price must reach there in right timing, then I will short from there.
I will be looking to take profit if the price get into the green box below.
Technically, the market structure is more to uptrend, so I am looking to short here as a retracement for upside move in a bigger scale. My TP (green box) is based only a small timeframe structure, which I think new HL will be formed around the green box.
Hopefully price will get into at least half of the red box so I can reduce my SL. Max SL is at 1.3375.
Let's see how it goes later today or tomorrow.
Nota
I am still not in the position, the price went slightly few pipettes at the right timing but I don't see any volume confirmation. Will try to see today how or I will ditch this setupPesanan dibatalkan
I ditched this setup as the price doesn't behave like what I want last week.
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.
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.