USDCAD LONG (ENTRY SETUP 1)

14 thg 7, 2023

USDCAD As price has mititgated the Order block that caused a CHOCH on a daily chart ,price has began giving entry points consider this one as the initial entry points of many.

1.On the move upwards price created a wick-based order block then went on to give a Gap between the impulsive candles ,in this instance to determine a sniper entry is slightly complex due to the possibility of price bouncing of the Gap or mitigating the order block before a move upwards therefore our entry point will be on the top of the Gap:1,31675 and place our stop losses slightly below the order block :1,31284 then our tp will be :1,32893

For a better understanding refer to the prior idea that is tagged

17 thg 7, 2023

Giao dịch đang hoạt động

Hello traders ,as expected price did as the analysis suggested now we can start going long by awaiting entry setups from lower timeframes that suggest long opportunities.