Missed the sell move on USDCAD from last night but now we have to prepare for the next move. As USDCAD continues to fall, we are looking for price to respect our demand area and bounce off the resistance zone to go back to our 50% area/indecision zone.
Entry: 131.650 SL: 131.400 TP: 1.32400
This is the beauty of this strategy, we are able to monitor time and price to see what direction price will go in and still get good profits: "Safe Profits"
We go over these daily on a live call at 6:30, if youre interested then message me. Use correct risk management and Please be sure to like and comment as you see fit.
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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.