Trade of the Week – 20-04-2025 – USDCAD
Weekly Highlights and Performance Overview
Welcome to our “Trade of the Week” page! Here, we spotlight the standout trading signal that delivered exceptional results for our members. This page serves as an educational resource, showcasing the performance of selected trading signals and providing in-depth insights into the strategies that contributed to their success.
Featured Trade Signal
<img src=”https://signalsoracle.com/wp-content/uploads/2025/05/4May2025USDCAD.jpg” alt=”USDCAD”>
Date of issue – 20-04-2025
Pair – USDCAD
Entry Price– 1.3901
Stop Loss – 1.3927
Take Profit 1 – 1.3875 | Reward to Risk Ratio – 1:1
Take Profit 2 – 1.3823 | Reward to Risk Ratio – 3:1
Result at a Glance
Outcome – Hit Both Targets
Note: This trade was shared with our members last week as part of our weekly signals service. For more details, view the original signal here.
Strategic Insights
- Target 1: Set a 1:1 reward-to-risk ratio to ensure a breakeven point.
- Target 2: Set at a 3:1 reward-to-risk ratio, allowing for a maximum profit before the end of the week.
Market Conditions and Analysis
We had identified the area of resistance at 1.39. The recommendation was to go Short. Two days later price arrived into the 1.39 area and then started getting weak. T1 was achieved immediately and the trade was left open over the following weekend in anticipation of T2. Over the course of the following week, T2 was also achieved.
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