USDCAD LONG LONG LONG? [SWING TRADE STRATEGY]

By BarryAllen_Thee
Updated
snapshotUSDCAD

1D: The trend is currently uptrend. A simple trend continuation pattern can be seen clearly on this chart. Price is currently doing retracement. Wait for buy opportunity.


snapshot

4H- Price is approaching the TL and minor support line @ 4H. Can look for buy signal from that level.

Targeted entry level:

Buy limit @ 1.3080
SL @ 1.3050
TP @ 1.3200

RRR 1: 3.67

TAYOR
Trade active
So the trade is activated and making profit now.

Just 1 more pip to SL. Not sharp entry but at least not losing out.

Anyway... I've move my SL to Breakeven and now I'm on risk free trade.

Is time to look for other pair.
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