TradingView
ewhite41
Mar 28, 2023 4:57 PM

Liquidity Sweep USD/CAD Long

U.S. Dollar/Canadian DollarFXCM

Description

Could we see a rally on the US Dollar after the recent liquidity sweep? This is a low risk trade set up as we will set stop loss tight around 15 to 20 pips below the current swing low point. However, be mindful to adjust stop losses during session turnovers due to spreads being too wide. This is a low risk trade because we are at support levels that if price does break these levels, its more like we have fallen out of the first floor window and not the 40th floor.
More