USDCAD LONG LONG LONG? [SWING TRADE STRATEGY]

USDCAD

1D: The trend is currently uptrend. A simple trend continuation pattern can be seen clearly on this chart. Price is currently doing retracement. Wait for buy opportunity.

4H- Price is approaching the TL and minor support line @ 4H. Can look for buy signal from that level.

Targeted entry level:

Buy limit @ 1.3080
SL @ 1.3050
TP @ 1.3200

RRR 1: 3.67

TAYOR

Zlecenie aktywne:

So the trade is activated and making profit now.

Just 1 more pip to SL. Not sharp entry but at least not losing out.

Anyway... I've move my SL to Breakeven and now I'm on risk free trade.

Is time to look for other pair.