danielallen_insta

Long to daily higher high.

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
The price is up on daily. bearish on all others which indicates a micro time frame pullback. On 4hr price created liquidity and swept once .618 on fib and liquidity at bottom cleared. price pushed up tp tap a supply range and pushed back down to tap an unmitigated order block which I think is aiming for the .786 zone and to also stop out buyers before the major push-up. it's textbook. expansion, retracement expansion. for more confirmation, check the DXY pair as it's a usd pair. showing a little pullback before its expansion. this is the analysis I will take. Now my range will be much tighter, as I will take my position on the 1min. so stop loss no larger than 10pips with account for spreads. so were risked 10pips to gain at least 350 pips. keep in mind on the internal pullbacks i will be stacking trades to my main tp.
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