[How to] Properly analyzing relative equal levels with orderflow🔑 This is a basic principle and idea overview of why price will behave a certain way around levels where double lows or highs are. Also reviewing what is called Low Resistance Liquidity. This happens when multiple levels are stacked going lower or higher without a stop hunt.
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Lrlr
DAILY MARKET WATCH: USDCAD Is Bulllish!This pair is moving toward the LRLR (Low Resistance Liquidity Run).
I mentioned this move in my Weekly Forex Forecast, and price is now reaching for the old highs.
I am mindful that tomorrow's economic news, Core PCE, will likely turn the market volatile, and
potentially turn the bias. We'll see.
Best to wait until after the news announcement for new entries.