Trade idea - USDCAD Long

Jul 18

4H
Bullish impulse / break of last LH : indication.

Inverse Head & Shoulders pattern: confirmation.

Clear support & resistance zone is there.

1H
Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

= Buy limit set.

Jul 18

Note

WEEKLY
Bullish M pattern potentially in play.

Clear support & resistance zone is there.

Jul 18

Note

DAILY
Bullish impulse / High: indication.

Pattern within pattern: confirmation.
Inverse Head & Shoulders, Bullish M.

Clear support & resistance zone is there.

Jul 18

Trade active

Jul 18

Note

Running Risk Free.

Jul 19

Trade closed: target reached

4H TP hit!

Jul 20

Trade closed: target reached

Daily TP hit!