USD/CAD 6-17-2022
Updated
We see on the daily and weekly time frames that, Ucad has been choppy just been messing around in this zone where we havent had a break out till now, and we are breaking the highs that have been set for months, even the past year and we have swept that liquidity and we currently are visiting the POI of the last liquidity sweep so from here we could potentially get a sell, We are moving into the 50% of our POI we are looking at on the 4HR and if we get the proper evidence on the lower time frames of distribution then we will execute, everything else in my confirmations lines up, but we will see what happens in the next few hours and will update later.
Note
So we see we came into the POI and we are getting the rejection we were looking for, so we are going to wait for the re-distribution off of the 15min to execute
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.