USDCAD Trend Buy With 2-to-1 Reward
Updated
Our FollowMyForex trend following strategy just gave us a confident buy signal on the USDCAD H4 chart. Following the recent uptrend, we still have strong momentum possibility to the upside and a buy is the high probability trade right now. After the decent pullback we've just bought and are targeting a nice 2-to-1 reward trade. That's the thing about trades with the trend, the risk/reward ratio is always in your favor.
Updates to follow :)
Updates to follow :)
Note
First target hit! Price just flew through our first target and is showing no sign of slowing down. Not moving the remaining position just yet, will update again.
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