Trade idea - USDCAD Long

By FXKjell
Updated
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.
snapshot
Comment
WEEKLY
Bullish M pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Comment
DAILY
Bullish impulse / High: indication.

Pattern within pattern: confirmation.
Inverse Head & Shoulders, Bullish M.

Clear support & resistance zone is there.

snapshot
Trade active
Comment
Running Risk Free.
Trade closed: target reached
4H TP hit!
Trade closed: target reached
Daily TP hit!
Chart PatternsForexfxtradinglongsetupnoindicatorspatternspriceactionanalysissupply_and_demandsupportandresistancezonesTrend AnalysisUSDCAD
FXKjell

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