USDCAD BUY?
USDCAD has been in the D demand zone for 2 days now and although there's a lot going on in there its still a valid level. Furthermore seeing this failed attempt at a lower low and also full body candle break of the zone, it leads me to see that price could perhaps still very well buy from this level. So my entry is an H1 BOS in the gan discount and also my entry is right on/near the fib 61% which in this case matches up with the H1 demand zone OB. My SL will be 50 pips below structure and my Tp will be the daily highs of USDCAD around 1.40000
same strategy and entry technique as the USDJPY trade. lets see how they play out
same strategy and entry technique as the USDJPY trade. lets see how they play out
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.