USDCAD - Pull Back
Updated
RSI is currently as of now forming a hidden bullish divergence.
Price is currently at 4HR 50MA and inside our entry area is our buy area where it lies in between the 50MA and 200MA on the 4 hour chart
Yesterday's Daily candle was long bullish candle i expect momentum to continue.
Entry: wait for bullish signal in price action inside the entry area OR you can place a pending buy trade on the breakout to the upside of the entry area
Trade will be void if a long bearish candle crash through the red horizontal line
Price is currently at 4HR 50MA and inside our entry area is our buy area where it lies in between the 50MA and 200MA on the 4 hour chart
Yesterday's Daily candle was long bullish candle i expect momentum to continue.
Entry: wait for bullish signal in price action inside the entry area OR you can place a pending buy trade on the breakout to the upside of the entry area
Trade will be void if a long bearish candle crash through the red horizontal line
Trade closed: target reached
Target 2 hit
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