succeedwithsage

USD/CAD OUTLOOK 1-31-2022

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
So we see UCAD had been dumping pretty much since the week started and came back a little and if you are looking on the 4HR you will see that we are still in this uptrend we just made another lower high and I believe from here we could see the markets come down to sweep the internal liquidity to then move on to create another higher high, all confirmations line up we just have to wait to see if market plays in our trading hours, I am seeing a potential entry a IT candle on the 5min which was the last candle that grabbed the previous liquidity so we could see a nice rejection off there and it also lines up with a quarter #, so we got our confirmations its just a game of patience and see if everything else lines up because in am overall bullish on UCAD

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