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justagirllearningtotrade

USDCAD BUY SETUP

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
justagirllearningtotrade  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Wave Analysis USDCAD usdcadbuy usdcadlong Fibonacci Retracement Fibonacci Projection
13
2
trendanalysis waveanalysis usdcad usdcadbuy usdcadlong fibonacciretracement fibonacciprojection
Price has touched the 61.8% of the first impulse move.

I will open a buy position here.

Anticipating price to go to the upside ~ 250 pips.

Price will need to break thru intermediate resistance for me to ride the trade the full long position.

If price rejects, I will take profit at intermediate resistance level.
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