USDCAD 1.26537 + 0.04 % LONG IDEA * PRICE ACTION & STRUCTURE

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Hello everyone

Hope everyone is good, Here's a look at the DOLLAR / CAD from the 4 H CHART

* The pair has been trading in a descending channel structure respecting this structure to an extent.
* Saw a strong impulse move with some strong momentum with the bulls currently possibly exiting the correction of this move
* looking for continuation patterns to see if we can rally to the roof of structure

* follow your entry rules on entries
* significant moves with the bears change the plan.
* TIGHT SL

lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.

HAPPY TRADING EVERYONE & LET YOUR WINS RUN...

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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE

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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Trade ativo
Ordem cancelada
Ascending ChannelChart PatternsDescending ChannelTechnical IndicatorspricepriceactionanalysispulemokhothuTrend AnalysisUSDCADusdcadlong

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