USDCAD, The long term perspective.

USDCAD / 1D

Hello Traders, welcome back to another market breakdown.

USDCAD has been trading in a trading range on higher time frame, trading ranges are tricky and lead traders for very bad decision because when it looks so bearish that's where you should long, and when it's so bullish that's where you should short.

We still didn't reach the high of the range and the structure is still bullish on the monthly, I'll be buying this dip based on invalidation. For the first time I'm sharing my limit order that I'm not filled on yet.

Please note, this is not a recommended trade or whatever, I'm sharing what I'm doing with my personal money with 1% risk.

Trade safely,
Trader Leo.