OuussFX

USDCAD Long idea, we could have a nice RR there

Long
OuussFX Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
UC is pretty bullish, last demand area hasn't been mitigated yet and created an imbalance in market,
Too much liquidity sitting underneath the equal lows
I will wait for a retracement to that demand zone to go long,
but if price break this demand area and change character I will also be looking for shorts.
Trade active:
Price is reacting very well from the demand area // waiting for more confirmations on LTF

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.