USDCAD LONG (ENTRY SETUP 1)
Updated
USDCAD As price has mititgated the Order block that caused a CHOCH on a daily chart ,price has began giving entry points consider this one as the initial entry points of many.1.On the move upwards price created a wick-based order block then went on to give a Gap between the impulsive candles ,in this instance to determine a sniper entry is slightly complex due to the possibility of price bouncing of the Gap or mitigating the order block before a move upwards therefore our entry point will be on the top of the Gap:1,31675 and place our stop losses slightly below the order block :1,31284 then our tp will be :1,32893
For a better understanding refer to the prior idea that is tagged
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Hello traders ,as expected price did as the analysis suggested now we can start going long by awaiting entry setups from lower timeframes that suggest long opportunities.
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