USDCAD – Buy Trade At LLT Up +100 Pips, MT Still Bullish (4hr chart)
A lot of members in the course were asking about this potential LLT trade so I wanted to share my trade on this one. I’ve been bullish on the USDCAD for some time in the members trade setups commentary, and we had a nice LLT setup yesterday.
I placed my order at 1.3150 as the last two touches back on August 24th were just a few pips below 1.3150 (red arrows), hence I made that my trade location.
After forming an inside bar at this level, the pair bounced, sold off on today’s CAD numbers, held, then has bounced since now up about +100 pips…... Keep reading