EURCAD ANALYSIS 20/10/22
This is a revised analysis on EURCAD.
The steps to finding a trading opportunity:-
1. Check Bullish/Bearish Orderflow on H4 timeframe.
2. Drop down to H1 timeframe look for either Bos or Choch.
3. Identify your order block zone for a buy or sell.
4. Check for Imbalance (sometimes it might not be there.
5. Once you have your zone wait for market to come back to the zone.
6. If liquidity and inducement areas are created, the stronger the zone becomes.
7. Once market gets to know zone look for entry points in M5 or M1.
The steps to finding a trading opportunity:-
1. Check Bullish/Bearish Orderflow on H4 timeframe.
2. Drop down to H1 timeframe look for either Bos or Choch.
3. Identify your order block zone for a buy or sell.
4. Check for Imbalance (sometimes it might not be there.
5. Once you have your zone wait for market to come back to the zone.
6. If liquidity and inducement areas are created, the stronger the zone becomes.
7. Once market gets to know zone look for entry points in M5 or M1.
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