USDCAD Possible Longs
M1 : Bullish
W1 : Previous week low got swept and closed above, a bit of consolidation
D1 : Failed to break below Friday candle
4H : Reacting from the Order Block and Market shifted from bearish to bullish
1H : over the retracement after the 4H Market structure break, we have just broked the retracement structure too indicating Bullish momemtum.
Scenario : Possible Longs targeting 1:2RR
Though there are no struggle area upside anymore all of them are already mitigated on the way down, price can easily break the previous high.
W1 : Previous week low got swept and closed above, a bit of consolidation
D1 : Failed to break below Friday candle
4H : Reacting from the Order Block and Market shifted from bearish to bullish
1H : over the retracement after the 4H Market structure break, we have just broked the retracement structure too indicating Bullish momemtum.
Scenario : Possible Longs targeting 1:2RR
Though there are no struggle area upside anymore all of them are already mitigated on the way down, price can easily break the previous high.
Trade closed: target reached
2R has been hit but the price might go all the way up to the weak high since there no struggle area 
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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.