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Using Bar Counts To Initiate A Long Position In USDCAD
We've been sitting in congestion for the last 21 (Fibonacci) hours while USDCAD was struggling to go down but failed each time it tried to sustain a daily new low.
Now we have an Impulsive bearish candle failure followed by another Impulsive Bullish candle as our entry trigger.
I'm also using bar counts to pinpoint a potential reversal time which hits right at the candle reversal formation.
Now we have an Impulsive bearish candle failure followed by another Impulsive Bullish candle as our entry trigger.
I'm also using bar counts to pinpoint a potential reversal time which hits right at the candle reversal formation.
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