TradeLive-

What to look for in a high probability trade set up

Education
FX:USDCAD   U.S. Dollar / Canadian Dollar
Price pulled back and closed at the 38.2% Fibonacci Retracement Level ; 50% Fibonacci Retracement Level ; Horizontal Support Resistance Level ; EMA 10 Support Level ; EMA 20 Support Level.

These conditions created a favorable environment for a long position in the currency market. Watch for more of these conditions for high probability trade set ups.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.