RiosTrades

USD/CAD LONG OPPORTUNITY

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Coming into the Hourly time frames, before we are set up for Weekly/Daily Swing Trade Short Opportunity that I previously analyzed in my other chart analysis, we can trade the breakout of resistance with a break and close above or we can wait for price to test the level of structure that was broken. I will not trade this idea because my mind is set to trade the Swing Trade we are prepping for, I do not have much interest in trade corrections in the market. Feel free to take this trade/Idea into your own trading, I suggest finding a 2:1 or 3:1 Risk/Reward Ratio Best of Luck...
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