milTraderG

USDCAD trending toward heavy volume

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
The USDCAD is trending upward. However, there is a volume cluster setup just above with heavy volume. The supply zone has a strong drop from its base, meaning there is a lot of sell orders trapped in that area. It is also a single base formation, so that means that the zone that I draw extends from each end of the candle.

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