[USDCAD] SHORT 06.02.2020

2 Haz 2020

Rejection at order block base. TF-DM indicator "Opposite Day" confirmation on 5min chart.

TP1: 20 PIPS
TP2: 30 PIPS
SL: 15 PIPS

Trade Responsibly.

2 Haz 2020

Not

Just noticed that price never closed below the OB on the 4H...
This might be an issue.

2 Haz 2020

Not

Never mind. A close below or above on the 1H is enough to qualify an entry.

2 Haz 2020

Not

TP1 HIT @ +20 PIPS
TP2 deleted, trade closed manually @ +38 PIPS

2 Haz 2020

Not

It just so happens that if you held the trade until a break in market structure on the 15min chart, the final exit would have been @ +38 PIPS. Interesting coincidence.