USDCAD Hourly Chart Trendline Support- Long Setup
USDCAD hourly chart is showing a trend line support. Long can be initiated at current levels 1.25700 with SL of 1.25450 a 25 Pips stop.
RISK Management/ Position Size-->> Risk can be calculated as per the given stops level. For example if your risk is $10-15 you should initiate the trade with not more than 5000 units.
RISK Management/ Position Size-->> Risk can be calculated as per the given stops level. For example if your risk is $10-15 you should initiate the trade with not more than 5000 units.
Comment:
Almost hit the target, will enter again once the trend line support is respected with price action confirmation.