OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Daily:
- Inv H&S + Bullish M (Pattern in Pattern)
- Bullish RC (took a lot of short orders out)
- Daily pattern zone is still respected

*Bigger impulse "FIB" is also active
*Weekly zone is supports a lot why that last
candle formed

Weekly:
- Market structure (bullish)
- LCC / (But bulls are last active power)
- Zone (bullish)
- FIB (bullish)

*Trading above a strong zone
*Bigger selling region not tapped that caused massive impulses to the downside

4H:
- Bullish MS
- Inv H&S with BoS and SoM

*Retail short was liquidated
Trade active
Comment:
Scale in oppertunity

Trade closed manually:
1st trade = BE

2nd trade = BE (closed due to news and trade was around BE point)

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.