AlgoTradingGroup

USDCAD ACCUMULATION SCHEMATIC

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD created a spring event on 15 minute accumulation. Volume is relatively high on rallies. We are expecting a test of spring phase and then bullish momentum
Trade active
Comment:
Comment:
USDCAD created a spring event on 15 minute accumulation. Volume is relatively high on rallies. We expecteda test of spring phase and then bullish momentum. However it broke strucutre before the test. We entered long term buy position targetting order block depending on how it reacts at zones in between
Trade closed: target reached:
140 pips target hit. Still holding for long term

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