justatrader

USDCAD, H4 MACD Divergence, Long

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
  • Long on a pullback to 1.225/.2248 levels, targeting 1.24 and 1.255.
  • Pitchfork shows price reacting to the median line.
  • The most recent low saw a bullish reversal without touching the LML.
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Better Set up
  • when the pullback's low touches the median line and then rallies
  • MACD histogram moves above the 0-line

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