TradersClassroom

USD/CAD At Good Entry

Long
FX:USDCAD   Dollaro / Dollaro canadese
USD/CAD has retraced a little bit over the last couple of days. On Thursday we saw the hammer followed by an up day. We are currently trading down but everything below 0860 has been sucked back up. Three consecutive days of this. With a gap down if we can cover this gap by the end of the day I think this is a strong buy signal. I'm in at 0857. Happy Trading!

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