TaylorForex_

USDCAD Potential Sells

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
What's good traders! Haven't posted here in a while, hope everyone is well. Thought i would share my thoughts on USDCAD .

Looking to jump into this tomorrow, will re analyse this once Asian range has passed to see if we can find a smaller TF Distribution Schem. Going with the overall structure and momentum of the market, I am looking for Sells only!

Potential 20:1
Comment: Reminder: We need to find confirmation before execution, I will only ever execute a trade if it inside my Kill Zones.
Comment: Target reached, now invalid, had a reaction from the equal high, in which i knew there was liquidity resting above , so price was bound to take out the eqh

Comments

I agree. it could come ever lower into multi month lows
Reply
Nice analysis👍🏼
Reply
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