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TomProTrader
May 12, 2017 1:14 PM

USDCAD buy setup Long

U.S. Dollar/Canadian DollarFXCM

Description

Hi guys,

Keep an eye on this one for a buy. Use your tested trading strategy to look for the entry level.

There is a couple of ways this trade could play out, and that entirely depends on your trading strategy and your risk tolerance. I am expecting a bounce at the previous swing low, before a move up to break structure. Alternatively, you watch to buy on breakout.

Best regards,
Tom_Killick
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