glennmercer

USDCAD Long: Bullish Cypher in S/R Zone

Long
glennmercer Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD has completed a bullish cypher in an area of strong support. Entry is placed at .786XA with SL at 1.13XA and target at .382CD.

Confluence in the PRZ:
  • .786XA
  • 1.5BC Projection
  • 2.382AB=CD
Trade active
Trade closed: target reached:
Target achieved! +37 Pips
Comment:
Here is the next trade I have set up for this pair:

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