Long term bias of USDCAD is bullish based on earlier post. On this basis, a long entry has been found using the 61.8% re-tracement from the last area of supply and demand, a diagonal support and an hour 4 order-block. If price reaches 1.30656, i will close 75% of the trade and let the other 25% run further.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.