USDCAD Forecast for long positions with high RR

Jul 1

Macro timeframes took liquidity of the lows creating HHs afterwards

Now we are looking for the little retracement for USDCAD longs on 15M - 5M timeframes to take an entry. Please look at your micro TF confirmations

Since there is a bunch of liquidity towards the upside, you can hold for a swing near 12RR or day trade it as far as you want

Jul 1

Trade active

Idea executed and close to the 1:3 RR

Jul 1

Note

Just reached 3RR, going for the 4RR target

Jul 1

Note

4RR Reached!!! 🚀

Jul 1

Note

📰 PMI High impact coming. Take your precautions

Jul 1

Note

6RR reached and running 🚀

Jul 1

Note

8RR reached!🔥 This is crazy. I expected to be a slower trade but is not

On our way to 9RR

Jul 2

Note

9RR HIT!