USDCAD BUY - STRUCTURAL TRADE Long

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Oct 22, 2021 5:47 AM

Trade based on the following:

- HH and HL formations
- Current market is on a Pivot Fibonacci level in which it could potentially serve as support
- Dollar Index shows signs of strengthening
- Pair seems like it's retraced and is awaiting an impulse/bullish move

Trade active

⋅ Oct 22, 2021 11:35 AM

After being stopped out, I had re-entered.

Trade closed: target reached

⋅ Oct 22, 2021 10:49 PM

Comments

KiranChavan

⋅ Oct 22, 2021 6:00 AM

Perfect placement bro

Basit-Abdul

⋅ Oct 22, 2021 6:03 AM

@KiranChavan, Much appreciated. Thank you for the support!