Usd cad short to median line. Risk reward 6 to 1

17 Şub 2021

Usd cad short to median line. Risk reward 6 to 1. Price recently popped to the sky blue downsloping upper median line parallel. This is where price should run out of energy and reverse back towards the center line also known as the median line which is my price Target. Stop loss is just above prior highs on February 12th

18 Şub 2021

Not

Stop loss moved to break even. Target 125.80 at blue downsloping median line.

19 Şub 2021

İşlem aktif

stop (green X) moved just above recent swing hi at 127.14. profit target still at down sloping blue median line 126.60. risk reward now 6.84 to 1. If price pulls back up and then makes a new low, I'll move my stop just above the new swing hi.

22 Şub 2021

İşlem aktif

moved stop down above recent high, have nice profit locked in.
moved profit down along median line at 125.49. now reward is 7.5 to 1 of initial risk.

24 Şub 2021

İşlem kapandı: hedefe ulaştı

7.8 to 1 final risk reward o this winner!