reversiontomean

glennmercer glennmercer PRO USDCAD, 60, Long , 7 months ago
USDCAD: USDCAD 1H Short: Reversion to Mean
117 0 10
USDCAD, 60 Long
USDCAD 1H Short: Reversion to Mean

USDCAD has been producing bullish moves, creating a possible uptrend on the Daily and 4H TF's. I want to take advantage of a the reversion to mean trade before buying this pair. A conservative TP can be placed at the completion of AB=CD for the correction. An unhit weekly pivot sits below price and is confluent with the 200 daily EMA for a possible T2. SL is ...

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