USD-CAD, low TF (15, 30, 1h, 4h) have a CHOCH
I had been waiting for this trade for a very long time, and now I am finally beginning to realize that I am heading in the right direction.
On time frames such as fifteen minutes, thirty minutes, one hour, and four hours, we have a change of character on the market, which is mean. On a daily basis, he makes a wonderful pullback, and it is now time to go back in the proper direction.
I will enter the market using the ICT Fibo, with a buy stop around 62% or OTE (optimal trade entry), and I will also set my stop loss a little bit below the body just in case.
It seems to me that this is a clean buy without any problems, and tomorrow at 14:30, by Berlin time, we will have a news article on Canadian dollars. So use caution when it comes to the news. I need to do some research on the news, and as I do so, I will let you know what you may anticipate from the news.
On time frames such as fifteen minutes, thirty minutes, one hour, and four hours, we have a change of character on the market, which is mean. On a daily basis, he makes a wonderful pullback, and it is now time to go back in the proper direction.
I will enter the market using the ICT Fibo, with a buy stop around 62% or OTE (optimal trade entry), and I will also set my stop loss a little bit below the body just in case.
It seems to me that this is a clean buy without any problems, and tomorrow at 14:30, by Berlin time, we will have a news article on Canadian dollars. So use caution when it comes to the news. I need to do some research on the news, and as I do so, I will let you know what you may anticipate from the news.
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.