Pair: USDCAD
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, fibonacci retracement
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Key Takeaway: Alot of bullish momentum for this pair meaning we will be looking for long trades only. We saw bears come through a bit before market close last week and we recon the momentum will continue to the vital levels highlighted for a re-test. We want to see bulls coming through at support, trend line and fib level 0.38 before we look to enter
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Level needed: need a close by 1.35500
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Trade: LONG
RISK:REWARD —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, fibonacci retracement
—————
Key Takeaway: Alot of bullish momentum for this pair meaning we will be looking for long trades only. We saw bears come through a bit before market close last week and we recon the momentum will continue to the vital levels highlighted for a re-test. We want to see bulls coming through at support, trend line and fib level 0.38 before we look to enter
—————
Level needed: need a close by 1.35500
—————
Trade: LONG
RISK:REWARD —
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION