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FX_PriceActionSetups
Jul 30, 2017 7:50 AM

GBPCAD LONG Long

British Pound/Canadian DollarFXCM

Description

On the left I have an example of what I am looking for in this USDCAD. There is a major untested order block just under the recent lows. I am hoping the lows will get spiked into the order block before we have a nice rally up. Good risk to reward on this one
Comments
livingdaylight
On the left, you have a Weekly chart of USDJPY and on the right D & 240 charts of GBPCAD.
What do you mean by USDCAD? The UsdJpy and UsdCad charts are similar in terms of where you expect USD to turn??
You seem to be correlating several instruments.
Could you explain more?
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