Hi every one this is Aftab Ahmad Khan and I am presenting a new idea in front of you guys I hope you will like this idea. I have published few other ideas about usdcad
in this idea I have provided that you can make approx 250 pips from this setup based on the recent leg of the move it made a highier high and now retracing back. I am waiting for 618 retracement
level if that happens and the rsi
is below 20 I will go long and will aim for 250 pips for the first lot and 300pips for the 2nd lot. The second trade or contract is a bonus one because once i get first target i move my stop loss to the next and drag my stop loss to the breakeven point. Here is a youtube video i made about this particular setup hope you will like it.