10/8/24 - USD/CAD SHORT
price above ema on multiple higher time frames but there is counter trend short forming.
will only consider a long position if price breaks above the noted zone.
will continue to monitor for the BOS to confirm short for NY session.
will only consider a long position if price breaks above the noted zone.
will continue to monitor for the BOS to confirm short for NY session.
Note
long: price needs to break and close above 1.36488.
short: trest supply, break previous structure, retest/entry (monitoring)
Note
supply touch
Note
price is ranging. decision will be made based on whichever structure gets broken & subsequent confluences presented for position.
Note
BOS above occurred.
waiting for retest
Trade active
Note
Note
Trade closed manually
TP taken at 1:2
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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.