USDCAD, 4hr timeframe, inverted shs with ichimoku confirmation
Hello guys,
Today is Friday and i hope all of you are going to enjoy weekend.
I will drop this USDCAD analysis before weekend as this is really tempting to take.
I don't have buy position yet but i will soon have it.
So i am gonna share how i am gonna trade this pair to all my fellow friends in tradingview.
Based on the 4hr timeframe you cold see price making an invered shoulders head pattern. It is very possible we could see further upside.
We already got several confirmations needed to take buy position but i am going to make it sure by only buying this pair when it crossed 1.3200 mark.
Buy stop USDCAD 1.3200
Stop loss 1.3140
Take profit 1 @1.3275
Take profit 2 @1.3350
RR ratio is 1 : 2.5
Use only 1-2% risk
Good luck
Also drop a like on this post if you find it useful.
Stay tuned to my next post by following me on tradingview.
Today is Friday and i hope all of you are going to enjoy weekend.
I will drop this USDCAD analysis before weekend as this is really tempting to take.
I don't have buy position yet but i will soon have it.
So i am gonna share how i am gonna trade this pair to all my fellow friends in tradingview.
Based on the 4hr timeframe you cold see price making an invered shoulders head pattern. It is very possible we could see further upside.
We already got several confirmations needed to take buy position but i am going to make it sure by only buying this pair when it crossed 1.3200 mark.
Buy stop USDCAD 1.3200
Stop loss 1.3140
Take profit 1 @1.3275
Take profit 2 @1.3350
RR ratio is 1 : 2.5
Use only 1-2% risk
Good luck
Also drop a like on this post if you find it useful.
Stay tuned to my next post by following me on tradingview.
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