POSITION TRADING: BUY LIMIT ORDER FOR USDCAD. TARGET 1.40600
TRADE TYPE: BUY LIMIT ORDER TRADE DIRECTION: LONG TIMEFRAME: MONTHLY ENTRY PRICE: 1.33100 STOP LOSS: 1.25500 TAKE PROFIT: 1.40600 RISK TO REWARD: 1:1
ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low.
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
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