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TradeBI
2020년 5월 30일 오후 4시 20분

USDCAD Analysis and plan 

USD/CADOANDA

설명

Price Broke out on daily from a big triangle and got a confirmation candle to the down side, Daily target is 1.34452
Expecting to the price to reach the target in 10 to 20 days/bars, anything after that this needs to be reevaluated again.

as on 4H and 1H, Price is ranging and expected to continue ranging on smaller time frames, until we get a clear breakout and may be formed a channel, trading should be small and taking quick profits.
If the price formed a trading range, it tend to stay in a trading range as much as possible.

I will mainly be looking for 1R to 2R targets and use wide stops, buy low, sell high and scalp whenever is possible on 15m and 5m charts
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