USDCAD LONGS
Off the daily, its not a rejecting pb.
Its in the middle and hence a reaching pb.
The daily candle is bullish after London session.
Makes sense to look for longs on ltf.
On h4 , look left and a previous swing low was taken out. This shows a strong origin.
On m15, a good number of previous lows have been taken out(More than 2). This indicates a strong origin.
We notice bullish momentum to a point that has been touched previously taking out the pre existing orders as the market ranged around that area
and we expect a RTO.
The Buy order is executed with tp at 50% of the origin and sl at the previous lowest low of the current m15 market.
An extra order is added on m1 time frame off an order block and the trade is pyramided for maximal returns.
Now we wait to see the trades results. Our work is done as as retail trade analysts.
Now we wait.
See you on the next trade ideas ladies and gents. Share & follow if this was of value.
Its in the middle and hence a reaching pb.
The daily candle is bullish after London session.
Makes sense to look for longs on ltf.
On h4 , look left and a previous swing low was taken out. This shows a strong origin.
On m15, a good number of previous lows have been taken out(More than 2). This indicates a strong origin.
We notice bullish momentum to a point that has been touched previously taking out the pre existing orders as the market ranged around that area
and we expect a RTO.
The Buy order is executed with tp at 50% of the origin and sl at the previous lowest low of the current m15 market.
An extra order is added on m1 time frame off an order block and the trade is pyramided for maximal returns.
Now we wait to see the trades results. Our work is done as as retail trade analysts.
Now we wait.
See you on the next trade ideas ladies and gents. Share & follow if this was of value.
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