USDCAD 1.26104 - 0.5 % LONG IDEA * PRICE ACTION & STRUCTURE

Updated
Hello everyone

Here's a look at the DOLLAR / CAD from the 4H perspective looking for a swing hold on the pair that is currently respecting structure to some extend looking for the descending channel to hold and see a push up with the bulls as fundamentally as well the DOLLAR is to see some gains this coming week. the pair saw a rejection at support level 1.26097.

* looking for the ascending channel to hold.
* follow your entry rules on entries
* significant moves with the bears change the plan.

lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.

HAPPY TRADING EVERYONE & LET YOUR WINS RUN...

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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE

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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Trade closed: stop reached
Chart PatternscontinuationpatternsTechnical IndicatorspriceactionanalysispulemokhothureversalpatternstrucutretradeTrend AnalysisUSDCADusdcadlong

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