Usdcadsetup
USDCAD Quick ScalpPrice has been pushing down while forming LHs and LLs on the smaller time frame, my entry was based on the H4 close which broke 1.34200 and pushed up for liquidity forming another LH on H1 as it retested it's broken support. My goal is to ride the current market momentum to the daily demand zone for a 1:3.
UCAD Weekly Wick fillUcad played out as anticipated, i was hoping that it would go lower before getting into buys but the news didn't push it low enough for me to take any positions. We now have a daily confirmation of where it's going to go next so i've set up my buy limit order on the H1 demand zone, hopefully price activates it before continuing back up.
USDCAD Harmonic BAT Analysis and StrategyThis pair is currently trading at a major resistance zone and we are predicting the harmonic Bat Pattern will be completed. This signed us to sell the pair and our strategy is to trade the 4th leg of the pattern. Price action has already broken below the yellow trend line giving our strategy confirmation. FX:USDCAD