Another Trading Opportunity

Updated
So yes we missed the previous swing. Not because our analysis were wrong, but rather because of our refinement of the PB to a much smaller zone.
No need to reflect on it or worry about it for too long. It is gone. Let it go. So we move our focus to the next swing.
The market is setting up for the next swing. We have a new PB and we are getting ready to jump on it. As always, we have marked out our refined zone from the PB and now we are waiting.
Price is currently retracing bearish. We expect prices to come into our zone, and from there we will look to trade this pair. As you already know, if you are regular with our analysis, the target is the 1 hour liquidity target up above.
Trade closed: target reached
snapshot

Another trade going all the way to liquidity target without taking us in.
Smiles.
Rinse and Repeat, we will look to catch the next or another. Trading is that simple
analysiscanadianChart PatternsdollarForexkalapanzysetuptradingTrend AnalysisUSDCADWave Analysis

Also on:

Related publications

Disclaimer