Hello friends! I am looking at USDCAD today. The market structure still presents us with a valid uptrend. Price broke out of the H4 PL 1.21150 and created a new higher low, which shows price currently respecting market structure for me and my Daily trendline has been respected. I am currently waiting for price to come back into structure 1.21150 , with the bulls' momentum for me to capitalise on a possible long to 1.25776.
Remember to always have a positive R:R and risk 1% of your account on a single trade.
Protect your equity.
Remember to always have a positive R:R and risk 1% of your account on a single trade.
Protect your equity.
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