AshleyWeyers

Possible Long on USDCAD H4

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
0
All daily signals are bullish

On close of H4 above Kumo:-

1.) Price above cloud and KS
2.) Future Kumo bullish
3.) Upward trend
4.) RSI above 50

D is confluence of CD leg = AB.
Would be coming off a rising wedge.
Is the 1.272 extension of AB leg
Is at the Monthly R3 level

Good risk to reward ratio.

May have resistance at 1.07361 which is strong daily fractal level, but has been tested twice already

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