SniperS - USDCAD - Daily 8 EMA GAP CLOSE

2020-02-06 01:07:45

Down trend on the daily through the channel UPSIDE level been rejected 3 times and confirm a good support level to take a short to the daily 8ema gap close
IF price Break and Close below And then retest 1H 50 EMA on the next candle look to short below the last lowers down to just a few pips above the daily 8ema.

Execute only if Sniper Criteria met on both H1 & H4
Entry: 1.32635
SL: 1.32788
TP: 1.32288
R/R 2.21 / Adjust trade size accordingly

Notes:
Watch for repaint of the daily 8EMA if trade will not be executed or will be executed and will last over night so adjust TP as necessary.
Trade Safe
Good luck.