USDCAD - LONG

Jun 30, 2019

Reason for bias is all in the chart.

Jun 30, 2019

Note

ENTRY: Once the 1H 50ema (red line) is broken to the upside and significantly retested and bullish price action is shown at the retest level, then we can look for a long entry from that zone.

TARGET: A good zone will be the 4H 50ema resistance level.

Jul 2, 2019

Trade active

Jul 3, 2019

Trade closed: stop reached

Price did not reach 4H 50ema profit target. Will look for a better entry once all the news reactions play out. Moving on to the next opportunity.