USDCAD Predictions on Reversal.
Hey!
💡Idea💡
1. Looking to see price action break above the High Marked CiSD for a proper shift
2. Price should respect this area and then follow through with a break above level with displacement
3. Look for areas of context (FVG and price imbalance, look for fair value to be offered)
4. Target 4H Imbalance
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Expect pullbacks that will be supported by the propulsion blocks that have been formed.
If these fail tighten stop and look to take partials.
💡Idea💡
1. Looking to see price action break above the High Marked CiSD for a proper shift
2. Price should respect this area and then follow through with a break above level with displacement
3. Look for areas of context (FVG and price imbalance, look for fair value to be offered)
4. Target 4H Imbalance
-----------------------
Expect pullbacks that will be supported by the propulsion blocks that have been formed.
If these fail tighten stop and look to take partials.
Note
Price broke the lower support and invalidated this.Note
Market structure seems to be respecting the idea. Note
We may be looking to close above PWL
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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.