USDCAD As it is shown on the chart that we have a three move impulsive same color candle movement to the upside which caused the creation of an order block and oversaw developments of a fair value gap, now with the upcoming news release bulls that missed out on the opportunity might have an opportunity to go long on a fair price.1.Possible scenario one : would be that price goes on to mitigate the bullish order block and go to the upside
2.Possible scenario two : would be another long opportunity presented by a Bos to the upside and then a mitigation of that POI which caused the upwards move
NEWS RELEASE : 14:30 SAST
TOMORROW : 14:30 SAST
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.