Trade idea - USDCAD Long
4H
Bullish impulse / break of last LH : indication.
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
1H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Buy limit set.
Bullish impulse / break of last LH : indication.
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
1H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Buy limit set.
Note
WEEKLYBullish M pattern potentially in play.
Clear support & resistance zone is there.
Note
DAILYBullish impulse / High: indication.
Pattern within pattern: confirmation.
Inverse Head & Shoulders, Bullish M.
Clear support & resistance zone is there.
Trade active
Note
Running Risk Free.Trade closed: target reached
4H TP hit!Trade closed: target reached
Daily TP hit!
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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.
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.