USDCAD Long Bias Scalp/Intraday

20 May 2020

Possible "price exhaustion" for a long position in the highlighted area. If the price pattern presents, stop would be 25 pips.

20 May 2020

Not

White horizontal lines are price targets.

20 May 2020

İşlem aktif

A valid "price exhaustion" formed a few pips below the lowest range of the highlighted area, around 1.3882-1.3885. Not the best entry though, as we had a drawdown of around 14-17 pips, yet still safe with a 25 pip stop loss below the previous day's low. The market then run into 30-35 pips in profit, and at this point stop should be at breakeven.

20 May 2020

İşlem kapandı: durdurma seviyesi

Price reached stop loss at break even.