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Monthly Structure for USDCAD appears to be OLHC (open low high close) which means we are going in for long term monthly buys once price finds a strong support and daily candle closes with TDi Priceline crossing above bloodline in the Daily timeframe.
In H4 lookout for OLHC and TDI bullish cross to confirm buys before executing trades in lower timeframe preferably m15 if the daily tdi crosses.
Target after tdi cross in the daily is the monthly open in the daily timeframe.
Trade with Caution. Wait for valid entries.
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P A T I E N C E + D I S C I P L I N E
Monthly Structure for USDCAD appears to be OLHC (open low high close) which means we are going in for long term monthly buys once price finds a strong support and daily candle closes with TDi Priceline crossing above bloodline in the Daily timeframe.
In H4 lookout for OLHC and TDI bullish cross to confirm buys before executing trades in lower timeframe preferably m15 if the daily tdi crosses.
Target after tdi cross in the daily is the monthly open in the daily timeframe.
Trade with Caution. Wait for valid entries.
Please support this idea with LIKE if you find it useful.
P A T I E N C E + D I S C I P L I N E