USDCAD - LONG swing trade
Hi all,
For this
USDCAD trade I think we have a good setup for a swing trade from the 38% fib level back up to the previous high zone where it will either range for a bit or hit the 23% fib and then return to its original direction down.
As for entry we will either take the entry on the 15 minute with and indecision candle or use a strong bullish engulfing on the 15 and 60 minutes.
Dont mind my crappy drawing lol
entry: 1.34070 +- 20
TP: 1.34608 or round to 1.34600 --> 760 pips
SL: 133870 --> 200pips
GL and Happy trading.
For this
USDCAD trade I think we have a good setup for a swing trade from the 38% fib level back up to the previous high zone where it will either range for a bit or hit the 23% fib and then return to its original direction down. As for entry we will either take the entry on the 15 minute with and indecision candle or use a strong bullish engulfing on the 15 and 60 minutes.
Dont mind my crappy drawing lol
entry: 1.34070 +- 20
TP: 1.34608 or round to 1.34600 --> 760 pips
SL: 133870 --> 200pips
GL and Happy trading.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.