USDCAD 1.26537 + 0.04 % LONG IDEA * PRICE ACTION & STRUCTURE
Updated
Hello everyone
Hope everyone is good, Here's a look at the DOLLAR / CAD from the 4 H CHART
* The pair has been trading in a descending channel structure respecting this structure to an extent.
* Saw a strong impulse move with some strong momentum with the bulls currently possibly exiting the correction of this move
* looking for continuation patterns to see if we can rally to the roof of structure
* follow your entry rules on entries
* significant moves with the bears change the plan.
* TIGHT SL
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Hope everyone is good, Here's a look at the DOLLAR / CAD from the 4 H CHART
* The pair has been trading in a descending channel structure respecting this structure to an extent.
* Saw a strong impulse move with some strong momentum with the bulls currently possibly exiting the correction of this move
* looking for continuation patterns to see if we can rally to the roof of structure
* follow your entry rules on entries
* significant moves with the bears change the plan.
* TIGHT SL
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
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