USDCAD Is Still Bullish

2024年12月19日

After the USDCAD had recently risen significantly, the exchange rate is now correcting. This healthy movement offers us the opportunity to enter a new long position in the bullish order block. The momentum in USDCAD is clearly pointing upwards in the medium to long term and retailer sentiment is decidedly bearish, which suggests a further bullish impulse.
A bearish order block just below the recent highs would be a good price target for a long trade.

2024年12月20日

取消訂單

Cancelled, because the potential TP was reached before the entry price.