glyrad

November 24, 2023- USDCAD SELL Trade

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
RR: 1:6.6

Daily Structure is Bearish because of the 1D( supply zone 1.38880) , upon checking lower timeframe i saw a clear manipulation of highs and BOS to the downside starting from London to N.Y session last nov 23, so i set a pending order in my mt5 to anticipate the sell trade. After waiting for several hours, the trade was confirmed because of validity (check charts for full detail and clear annotation).

from Daily---> down to 4H----> to 1H structure then set pending order using POI of 15 min TF.

A clear wyckoff distribution takes place here.

another great week :)
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