Technical analysis of USD / CAD currency is applied through the zigzag indicator approach and the candle data pattern. What kind of steps can be done to get the optimal profit on trading opportunities this time?
Looking at two ZigZag depth 120 data formed on May 8th and 25th, then the option of trading opportunity for USD / CAD market this time is sell.
Sell execution should be done when the price approaches 1.29747 or 1.29864 area, with the consequence of Stop Loss in the range of 1.29979.
Take profit is recommended 5-15 pips only, if you want to take more, use trailing stop.
Always be alert, watch, and follow the flow of any price movements that occur. Use good lot management.