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Whitecoat_Investor

Divergence - USDCAD 4H

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Whitecoat_Investor Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD usdcadlong Divergence 4h Demand Zone Supply and Demand LONG
2
0
usdcad usdcadlong divergence 4h demandzone supplyanddemand long
Looking to continue the trend on USDCAD with divergence on the 4H chart. the price action line is bouncing off previous price action and the trendline will be crossing the price line on the candle close. We have a nice area of demand below and the whole number 1.3000 to help prevent us from getting stopped out. I've placed the SL below demand and the whole number, with two profit areas. TP1 is a 1:1 trade and TP2 is a 2:1.

Happy Trading
Trade active:
Trade fell into the demand zone and reversed. We are in a small profit at this point.
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