FeroxWealth
Panjang

USDCAD Institutional Buy Setup

FX:USDCAD   Dolar U.S/Dolar Kanada
Good evening traders!

Earlier today we took a long trade at the 1.3115 figure which we booked 45 pips on, but ran to hit out 50 pip target. This is shown below:

As it appears selling pressure resumes we will be looking to the 1.3 figure for a potential buy.

It is up to you how you decide to trade the level, but I advise setting a buy order near the figure and using a 40-50 pip stop loss.

Look to get whatever you can on the profit side.

Good luck to you!
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