On the USDCAD, we observe a bullish structure characterized by two trendlines: a longer one originating on 07/07 and a slightly smaller, higher one that began on 11/08. The gap between these two trendlines presents a divergence, indicating a space that the market could potentially fill. Additionally, the price is nearing what could be the third touchpoint of the larger trendline, coinciding with a retracement on an H1 timeframe Fibonacci level. This scenario could create an excellent setup for a long trade. However, only time will reveal the outcome, and I will only enter the market if I receive a dual confirmation before entry on the M15 timeframe. Wishing everyone successful trading.
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.