Usd/cad had a beautiful break out of a tight Apex on the 4 hour timeframe. The other confluence was a diversion on the rsi indicator.
After making new highs we mark the last red candle and is used as a poi. Once it has returned to it we simply go down to our lower timeframes and look for the entry.
Big news today from the dollar which for me is another massive confluence for us to buy.
High impact news so you should be very wary of a dreaded long which so tight stops are a must!
In my opinion my their is no long tailed wick as we have met all of our confluences and there for I aggressively enter when my set up arise.
Trade safely
After making new highs we mark the last red candle and is used as a poi. Once it has returned to it we simply go down to our lower timeframes and look for the entry.
Big news today from the dollar which for me is another massive confluence for us to buy.
High impact news so you should be very wary of a dreaded long which so tight stops are a must!
In my opinion my their is no long tailed wick as we have met all of our confluences and there for I aggressively enter when my set up arise.
Trade safely
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