USDCAD Long
My last USD/CAD long published idea went up exactly to the pip to our TP 1 Weekly Res at 1.3070. Netting +340 Pips!
Since then price has retraced, I still have a long bias on this pair as the monthly candle of May was a very large bullish engulfing.
Price has come to the Monthly Support of 1.2800 and the lower boundary of the ascending channel.
I am looking for a bounce from the current area all the way up to 1.3350, which is where there are 3 confluences:
1) Fibonacci completion of Daily ABCD
2) Monthly Resistance
3) Daily Ascending channel upper boundary
Looking for a clean CTL break on 4HR and bullish candle formation before entering.
Happy Trading.
Since then price has retraced, I still have a long bias on this pair as the monthly candle of May was a very large bullish engulfing.
Price has come to the Monthly Support of 1.2800 and the lower boundary of the ascending channel.
I am looking for a bounce from the current area all the way up to 1.3350, which is where there are 3 confluences:
1) Fibonacci completion of Daily ABCD
2) Monthly Resistance
3) Daily Ascending channel upper boundary
Looking for a clean CTL break on 4HR and bullish candle formation before entering.
Happy Trading.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.