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thebullstreet07
Mar 28, 2021 4:43 AM

USDCAD Hourly Chart Trendline Support- Long Setup  Long

U.S. Dollar/Canadian DollarFXCM

Description

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.

Comment

Almost hit the target, will enter again once the trend line support is respected with price action confirmation.
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