AlkalineFX

USDCAD - Support Hunt & Fly

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
We are caught in an ugly range on this pair, we are currently trading at a key supportive region which is most likely going to be stop hunted.

I would like to see a push below support into the liquidity pool marked before rejections to the upside.

We need to monitor the DXY constantly to see whether or not this move will be valid next week.

Comments

I need to learn more about liquidity pools and order blocks. Your charts are so helpful!
+2 Reply
AlkalineFX Wicktator
@Wicktator, Great tool to add to your strategy!
Reply
I'm not a believer in correlation but great work done bro!
+1 Reply
AlkalineFX PriceActionAnalyses
@PriceActionAnalyses, Cheers bro!
+1 Reply
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