USD/CAD - Buy on public fear

FX:USDCAD   U.S. Dollar / Canadian Dollar
165 2 5
We got massive volume spike (selling climax) and later n successful tests. Professionals will look to establish buying positions so watch for buying opportunities. My first fixed target is around the level fo             1.3870. Second TP is around the price of 1.3980. Don't forget strength appears on down bars especially on massive volume spike bars with very wide spreads. Of course if I see price action suggesting me to close earlier position I will close earlier.

Happy Trading,
Trade active: I did put SL on breakeven point. Now i awaiting potential targets.

Best Regards,
Trade closed manually: I closed one position at the price of 1.3830. TOok 1:3 RRR
Awaiting second target at the price of 1.3975
Peter so it is still a buying trend.
PetarJacimovic shafsworld
It is bullish techical trend but the reason for enry is because of volume and price action not because acctutal trend.
Best Regards,
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