USDCAD Top Down Analysis
M1 : Break through the Previous Monthly High and Also took
Massive Liquidity on Left
W1 : Took out the Massive Liquidity of Left and Reversed Back
D1 : Price pulled back to Daily IMB and Market has shifted on 4H
4H : Market Structure Shift (Bullish)
Narrative :
* Market has Take big liquidity on the left side on Monthly
And Weekly Price Action
* 4H Price has been shifted from bearish to bullish and also has retraced
To 50%. Long tread possible targeting weak high
M1 : Break through the Previous Monthly High and Also took
Massive Liquidity on Left
W1 : Took out the Massive Liquidity of Left and Reversed Back
D1 : Price pulled back to Daily IMB and Market has shifted on 4H
4H : Market Structure Shift (Bullish)
Narrative :
* Market has Take big liquidity on the left side on Monthly
And Weekly Price Action
* 4H Price has been shifted from bearish to bullish and also has retraced
To 50%. Long tread possible targeting weak high
Trade closed: target reached
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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.
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.