Greetings from the Motorist. I want to analyze a selling opportunity on USDCAD with a one-hour timeframe, which should be sufficient for one trade per day. The entry point for the trade will be at 1.3842. We will place our stop levels as follows: StopLoss at 1.3859, TakeProfit for the first half at 1.3825, TakeProfit for the second half of the position at 1.3808, and TakeProfit for the remaining third at 1.3791. If the signal changes, it is better to close the trade with a profit instead of waiting for the stop loss to hit.
