USD/CAD | Short-term Reversal Area

Hi,

USDCAD approaching a possible reversal area. Trade is triggered after you have seen a bullish price action inside the green area.

Criteria:
1. Trendline(s)
2. Channel
3. Wave
4. Round nr.
5. Fibo Ext.
6. Yearly high

If it is helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from You!

Best regards,
Vaido

Kommentera:

The first half of a plan has occurred - the price is inside the green area.

Here comes the hardest part - you have to be patient!
Wait for a bullish pa. Let the price action guides you into the trade!

Kommentera:

4H candle close above the 15 min Head and Shoulders needed to trigger the trade!