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AdamWiIson
Aug 26, 2016 7:52 AM

USDCAD Long. Long

U.S. Dollar/Canadian DollarFXCM

Description

3 big confluences for me here to have said long at the arrow. I missed my entry but I am watching closely for an entry here.

1) Breaker respected heavily, price just wicked off it to the pip.
2) .50 fib level aligns with this level, I usually enter at this level and so this line-up is lovely.
3) Thursdays stops raided with nice price action coming off this 10 pip incriment level.

I think this is going for the Wednesdays stops minimum.
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