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glyrad

USDCAD OCT 122023 Sell Trade

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
glyrad  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Wave Analysis Beyond Technical Analysis smartmoneyconcept supplyandemandzones smartmoneyindicator
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trendanalysis waveanalysis beyondta smartmoneyconcept supplyandemandzones smartmoneyindicator
USDCAD daily market structure is bullish, mitigating previous supply zone.

After it retraced , I notice a reaction on previous demand (can be seen from 30min TF up to 2hTF.

I wait for validation and as seen on 15 min TF. I have my entry after proof/validity. with CHOCH label.

Simple Wyckoff accumulation with bullish reaction.

RR: 1:6
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