Just sharing a thought on how USDCAD will fare this week
All my thoughts are based on ICT strategy
1) Observe for Draw on liquidity (Relative equal highs and lows, Volume Imbalances)
2) Where is price relative to these levels?
3) Possible retracement and hence the planning of SL.
One of the things I would love to hone is my grasp of TF.
How long will it take for the price to draw to those levels?
1) Observe for Draw on liquidity (Relative equal highs and lows, Volume Imbalances)
2) Where is price relative to these levels?
3) Possible retracement and hence the planning of SL.
One of the things I would love to hone is my grasp of TF.
How long will it take for the price to draw to those levels?
Note
I hope those who LONG has gained.I don't trade Forex.
Focusing on Futures MES now.
I am still a Newbie at this (i guess, always a Newbie succumbing to Market)
Reflection - Lower levels of Price Retesting is very real, regardless of ES or Forex. Always look out for those OB, FVG below relative equal lows or above relative equal highs.
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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.