USDCAD Long idea - >1:4RR
Waiting for price to come to high confluence area around 1.3555 zone for a bounce off 4h and daily trendline plus below obvious support zones.
Lots of imbalance and liquidity to grab for another bull swing to retest the highs unless of course it decides to just shoot through for whatever news that the market can exploit even if it is irrelevant.
Red lines are the support and imbalance area
Tp1 ~ 1 : 3 RR
TP2 ~ 1 : 68 RR
SL below FVG area
Lots of imbalance and liquidity to grab for another bull swing to retest the highs unless of course it decides to just shoot through for whatever news that the market can exploit even if it is irrelevant.
Red lines are the support and imbalance area
Tp1 ~ 1 : 3 RR
TP2 ~ 1 : 68 RR
SL below FVG area
Kommentar:
Price has hit our entry price