USDCAD - Smart Money Concepts Institutional Order Block Strategy

Good Day!

High-level summary of trade:

i) 'Support' sitting at structure with 78.6% fib, induced Retail Traders to buy too early
ii) Break and re-test of support encouraged a Retail selling frenzy
iii) Both types of Retail traders above, would have likely been stopped out
iv) Our first trades were stopped at BE
v) Re-entry based on Wyckoff schematic, with 'Spring' confirmation, before swing trade with TP3 R/R in excess of 9.0

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