Have a look an awesome result . This one trade covered all the losses and helped us remain in profits Which is Risk to Reward is very important – see the previous post here
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Short and long opportunities ahead You can long when the price retraces a bit and give bullish signal Wait for the price to reach the top of the channel and go short
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USDCAD hit our target have a look at the link which we posted here for free Why are you missing our free nuggets join us now
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Counter trend trade Ideally wait for bullish confirmation at 4Hr Can be a potential trend reversal too Stops can be placed just below the next support Not a great risk to reward , However if the trend changes it could be long term setup
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Lets make a selling plan Downward channel Price made a bearish move We need a small bullish pull back to the resistance Risk to reward 1:3
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