Aleksandar_Rose
Long

USDCAD - Bullish Cypher

FX:USDCAD   U.S. Dollar / Canadian Dollar
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There are lots of things on my radar today - there is a potential Bullish Cypher Formation on 30M, USDCAD             (price almost hit entry level earlier).
Even though this particular one is not the prettiest, but it is a 100% aligned with my trading plan.
On higher trading time frame you can see that bulls are dominating the market and this Cypher is a nice trend continuation opportunity.
Stops as usual below X and I'll be shooting for higher targets.

Entry @ 1.3095
Stop @ 1.3024
Initial Target 1 @ 1.3170
Initial Target 2 @ 1.3240

Good Luck!

-Alex
I'm a Professional Currency Trader & Mentor with years of trading experience.
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