USDCAD LONG 1:4 R/R
Area of interest marked on chart.
We can see that previously we have a break of structure, if we see a retracement from strong daily KL 1.27680 we can put our long LO at 1.26310.
CONFLUENCES (if calculated correctly market moves) - 38,2 fib, strong daily kl, strong resistence line.
This is safe trade, however take a look at what price action shows monday.
We can see that previously we have a break of structure, if we see a retracement from strong daily KL 1.27680 we can put our long LO at 1.26310.
CONFLUENCES (if calculated correctly market moves) - 38,2 fib, strong daily kl, strong resistence line.
This is safe trade, however take a look at what price action shows monday.
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