*USD/CAD – Trade Recap

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*USD/CAD – Trade Recap US Dollar vs CanadianPEPPERSTONE:USDCADShaboS**USD/CAD – Trade Recap πŸ“Š** After the entry, USD/CAD **broke market structure once again**, creating a new **Fibonacci level**. Based on this new structure, I adjusted the trade management and **reduced the stop-loss by 50%**. Price then retraced back into the **OTE zone (0.618–0.79 Fibonacci)** and is currently testing this area. The trade is still running, so now it’s simply a matter of letting the market decide what happens next. At **14:30 EST, New York effectively opened**, and price is currently trading close to the **New York opening price**. The setup remains active. Now we wait and see whether the OTE holds and price continues in the expected direction. **Disclaimer:** This post is provided for informational and educational purposes only and does not constitute financial or investment advice, or a recommendation to buy or sell any financial instrument. All analyses reflect my personal market view only. Every trader and investor should conduct their own research and apply appropriate risk management. #Trading #Forex #USDCAD #ICT #PriceAction #MarketStructure #OTE #Fibonacci #TradeManagement #SmartMoney #DayTrading