USDCAD on the 1H time-frame
USDCAD on the 1H time-frame.
Steps:
1. The price is running downtrend in a big time-frame.
2. In 1H time-frame the price create the higher low and trying to breakout the previous high to confirm the reversal pattern.
3. Will open BUY order when the price breakout the previous high and stand on it at 1.27322
4. TP1: 1.27790 TP2: 1.28534 and SL: 1.26475
5. But if the price breakout the previous low then we will follow SELL order position accordingly.
Steps:
1. The price is running downtrend in a big time-frame.
2. In 1H time-frame the price create the higher low and trying to breakout the previous high to confirm the reversal pattern.
3. Will open BUY order when the price breakout the previous high and stand on it at 1.27322
4. TP1: 1.27790 TP2: 1.28534 and SL: 1.26475
5. But if the price breakout the previous low then we will follow SELL order position accordingly.
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