USDCAD Long
Updated
4h:
- currently the price is in clear uptrend after breaking and closing above resistance level
1h:
- the price needs to retrace back to 1.29 support level which is also a 60% fibonacci retracement level
- I will enter long trade after seeing bullish rejection candles
- currently the price is in clear uptrend after breaking and closing above resistance level
1h:
- the price needs to retrace back to 1.29 support level which is also a 60% fibonacci retracement level
- I will enter long trade after seeing bullish rejection candles
Trade active
price retraced back to support, longs activated
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