jakeparkin
Long

Long USDCAD Due To Confluent Price Action

FX:USDCAD   U.S. Dollar / Canadian Dollar
I have entered a buy stop on USDCAD             at 1.3015 with a stop loss at 1.2845 due to the daily pin bar and rejection off of the two lowest red bars, two strong levels of support that price has rejected. If the 1.2845 level is reached before our buy stop has been triggered then this trade becomes invalid and I will cancel the order.
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