USDCAD Forecast for long positions with high RR

By NicoSelman
Updated
Macro timeframes took liquidity of the lows creating HHs afterwards

Now we are looking for the little retracement for USDCAD longs on 15M - 5M timeframes to take an entry. Please look at your micro TF confirmations

Since there is a bunch of liquidity towards the upside, you can hold for a swing near 12RR or day trade it as far as you want
Trade active
Idea executed and close to the 1:3 RR
Comment
Just reached 3RR, going for the 4RR target
Comment
4RR Reached!!! 🚀
Comment
📰 PMI High impact coming. Take your precautions
Comment
6RR reached and running 🚀
Comment
8RR reached!🔥 This is crazy. I expected to be a slower trade but is not

On our way to 9RR
Comment
9RR HIT!
FractallongsMultiple Time Frame AnalysisSupply and DemandUSDCADDJ FXCM Index

Disclaimer