Looking for a long on USDCAD after price stopped high of the DRL yesterday and started to trend up on bullish volume.
Today we have an initial low followed by a retest and hold over several hours showing selling can't push price past 1.30800.
Uptrend paused at yesterdays daily high so we'll look for a higher low to be set at the 30min Vol high with TMP around 1.31600.
30 Pip stop ~83 ADR so TP is 10% outside as pictured.
Check out my blog
rucksack.medium.com
Today we have an initial low followed by a retest and hold over several hours showing selling can't push price past 1.30800.
Uptrend paused at yesterdays daily high so we'll look for a higher low to be set at the 30min Vol high with TMP around 1.31600.
30 Pip stop ~83 ADR so TP is 10% outside as pictured.
Check out my blog
rucksack.medium.com
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