USDCAD long setup
The price is going to test the support
USDCAD overall view: Bullish.
USDCAD overall view: Bullish.
Note
Note
To reduce risk I will set SL at entry price and wait until the price breaks the downward trend line in 1hr time frame and then I will open more long positions. In case the price just keeps going down I will exit the trade at entry price with no loss and wait for a sell opportunity if the previous support breaks too.
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