1Hr TF overview
30 TF entry
๐ฉ Buyside Trade Log
๐ Pair: USD/CAD
๐ท๏ธ Type: Intraday | Tokyo Session PM
๐ง Setup: Breakout
๐ Trade ID: #USDCAD-0512A
๐ Date: Monday, 12th May 2025
๐ Time: 5:00 PM
๐น Entry Price: 1.39273
๐น Profit Target: 1.41764 (+1.79%)
๐น Stop Loss: 1.38991 (-0.20%)
๐น Risk-Reward Ratio: 8.83
๐ Reasoning: Price action context
Buyside trade initiated based on Wyckoff methodology, identifying accumulation phases during the Tokyo PM session. Breakout entry was timed as price moved out of the accumulation zone, aligning with Phase D, where price begins to mark up toward higher liquidity zones.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.