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TRADE OF THE WEEK | Classic Trend Following Trade đź’°
U.S. Dollar / Canadian Dollar
Long
TRADE OF THE WEEK | Classic Trend Following Trade đź’°
By VasilyTrader
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Aug 20, 2021
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Aug 20, 2021
Hey traders,
During the last two weeks, we were monitoring carefully USDCAD pair together.
We were waiting for a daily structure breakout and consequent bullish continuation.
With a valid structure breakout, we were looking for a confirmation to buy the market on a retest.
With my students, we spotted a bullish flag pattern on 1H.
Its bullish breakout and its consequent retest gave us a perfect reason to buy.
Then a sharp bullish rally started.
155 pips of pure profit and great trade!
❤️Please, support this idea with a like and comment!❤️
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Forex
Multiple Time Frame Analysis
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Support and Resistance
USDCAD
VasilyTrader
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