Strructure and Fundamental Execution (SAFE) model.
The unemployment Claims is positive for USD, and a long position is expected from the nearest demand zones
This strategy I nicknamed, SAFE MODEL (Structure & Fundamental Execution Model). It works simultaneously with a well deduced market structure and the days fundamentals as a signal for its execution.
If either of the upcoming today's fundamental(s) is/are majorly negaTIVE for USDCAD, and still within a close range from my supply zone, then I would EXECUTE a short...
IF USDCAD slightly retraces from its bull run back into a probable demand zone, either of these two demand zones (m15, m3) may be triggered for a continued bullish rerun to fill the market up until the recent high.
Fundamental analysis is a key factor/determinant to the high probability of either of these two demand zones.
NB: This is purely a prediction based...
USDCAD is currently in an hourly long term trend. if from the supply level (1.32614 - 1.3261) it falls below 1.31978, then a M3 order block (1.31742 - 1.31822) would trigger a buy position targeted to the supply level (1.32614 - 1.3261)
