USDCAD Possible Longs
M1 : Bullish
W1 : Previous week low got swept and closed above, a bit of consolidation
D1 : Failed to break below Friday candle
4H : Reacting from the Order Block and Market shifted from bearish to bullish
1H : over the retracement after the 4H Market structure break, we have just broked the retracement structure too indicating Bullish momemtum.
Scenario : Possible Longs targeting 1:2RR
Though there are no struggle area upside anymore all of them are already mitigated on the way down, price can easily break the previous high.
W1 : Previous week low got swept and closed above, a bit of consolidation
D1 : Failed to break below Friday candle
4H : Reacting from the Order Block and Market shifted from bearish to bullish
1H : over the retracement after the 4H Market structure break, we have just broked the retracement structure too indicating Bullish momemtum.
Scenario : Possible Longs targeting 1:2RR
Though there are no struggle area upside anymore all of them are already mitigated on the way down, price can easily break the previous high.
Trade fermée: cible de profit atteinte
2R has been hit but the price might go all the way up to the weak high since there no struggle area 
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.