USDCAD is currently in a bullish MS after breaking its bearish structure. i had buys set from 1.3132 as the previous resistance zone and price failed to break below it. Price also tapped the 61.8 fib level before shooting back up.
Looking for another entry to go long on UCAD from 1.3165 as a retest of broken resistance which will now act as support.
TP is set to 1.324 and would like to see price push to 1.334
Looking for another entry to go long on UCAD from 1.3165 as a retest of broken resistance which will now act as support.
TP is set to 1.324 and would like to see price push to 1.334
Comment:
1.3165 was sniped nicely. Now we let the trade play out. Won't be moving stop to entry yet on the limit order.