USD/CAD - Possible distribution forming
Updated
High activity in high price zones with a bearish reaction. Looking like shorts building a big enough position to reverse the long-lasting bull trend for this pair.
Comment
Bounced as expected.Comment
Possibly opportunity for another short entry at the top again if you are looking for it. Still might be a bit too early to call a reversal on USD/CAD.. too risky for me but may scalp a no demand entry on the way back down if it presents itself.Comment
I hope everyone grabbed there +100 pips here, at least once...
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