USDCAD Waiting For Entry But Ready For Long [SET UP]

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We broke the trendline on the daily timeframe, making a higher low as well. Additionally, we have continued to see price treat the 1.302 level as support which was a 100% retracement of the impulse pattern from the previous leg.

I made an error, we have scraped away close to 400 pips this week. So I hope that you are learning and following along with us as we prepare to traverse through the American elections.

If you are finding these videos instructional please do not forget to give this idea alike and if you want to learn how you can get the same pips we are getting each week or use our environment script feel free to message us directly.

Be safe! See you guys next week.

RR - Short Term - 1:1.6
RR - Long Term - 1:2.5

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