USDCAD
Updated
Market Structure on Higher Timeframes Bullish
Weekly we been having a big retrecement (75% Retrace)
we had a bullish engulfing on last week closure
Potential market ready to move back up and create a new HH
On the Daily we have a strong rejection candle candles at the AOI
Looking to buy at the Daily Support and it is also a Weekly Support which increases the probability in our favour
REMEMBER: Trading is a Game Of Probability
: Manage Your Risk
: Live to die another day
: Stay Hydrated
Weekly we been having a big retrecement (75% Retrace)
we had a bullish engulfing on last week closure
Potential market ready to move back up and create a new HH
On the Daily we have a strong rejection candle candles at the AOI
Looking to buy at the Daily Support and it is also a Weekly Support which increases the probability in our favour
REMEMBER: Trading is a Game Of Probability
: Manage Your Risk
: Live to die another day
: Stay Hydrated
Trade active
Entry triggeredNote
SL was missed by less than a pip but now floating +50 pipsNote
Potential scale in to TP on m30
Trade closed: target reached
Scale in hit TP at +50 pips RR 1:2.58
Overall move hit TP RR 1:3.89
Note
**Overall TP on first move RR was a 1:5
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