USDCAD Forecast for long positions with high RR
Macro timeframes took liquidity of the lows creating HHs afterwards
Now we are looking for the little retracement for USDCAD longs on 15M - 5M timeframes to take an entry. Please look at your micro TF confirmations
Since there is a bunch of liquidity towards the upside, you can hold for a swing near 12RR or day trade it as far as you want
Now we are looking for the little retracement for USDCAD longs on 15M - 5M timeframes to take an entry. Please look at your micro TF confirmations
Since there is a bunch of liquidity towards the upside, you can hold for a swing near 12RR or day trade it as far as you want
Trade active
Idea executed and close to the 1:3 RRNote
Just reached 3RR, going for the 4RR targetNote
4RR Reached!!! 🚀Note
📰 PMI High impact coming. Take your precautionsNote
6RR reached and running 🚀Note
8RR reached!🔥 This is crazy. I expected to be a slower trade but is notOn our way to 9RR
Note
9RR HIT!
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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.
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.