VasilyTrader

USDCAD: How to Catch Bullish Swing 🇺🇸🇨🇦

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar

If you are bullish biased on USDCAD and you want to catch a bullish wave,
here is a trading plan for you to follow:

  • 0 - Stay focused on a major falling trend line that matches the last three lower highs
  • 1 - Wait for its bullish breakout (daily violation)
  • 2 - Buy on a retest (it will be the safest point) and preferably with an intraday confirmation
  • 3 - Goal will be 1.262

Be patient and follow the plan.

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Comment: Check my new idea on EURGBP: