The Canadian dollar is in a small range more than 10 days. A break of a small range up or down will result in movement to 1.3560 or 1.3115. In my opinion, it makes sense to try to use a breakthrough if the Profit Factor is more than 5.
Trade closed: target reached
Result: +90 pips -30 pips and closing before publication of NFP due to the possibility of forming a more profitable 3w model up.
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Disclaimer
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.