USDCAD 4H: 25/01/2023: First short then Long!

Well, As you can see the price is in the trading range and there is liquidity on both sides of this range that can be interesting for the price to collect them.

For now, we expect the price to collect the liquidity pool below 1.33164 and then touch the demand zone or move to a higher target that you can see on the chart.


💡Wait for the update!
🗓️25/01/2023
🔎 DYOR

💌It is my honor to share your comments with me💌

Comment:

Well, as we expected the price decreased and collected liquidity under 1.33164.
Now I expect the price to touch our demand zone and then rise to 1.3339.

I will update this idea.

Trade closed: target reached:

As you can see, The price moved as we expected.

After collecting liquidity moved up, more than 250 Pips.

Wait for the new TA.

Cheers 🥂