Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Daily Order block identified ✅4H Order Block identified ✅1H Order Block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail. 🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
1. Rate differential (CAINTR 2.75, USINTR 4.5) 2. Canadian economy already in a slowdown (potential need for further rate cuts) while US is holding pat on rates, likely widening rate gap further 3. US tariffs - anecdotally Canadian reciprocity will not suffice on this front, because the US imports more than it exports to Canada (roughly $63 billion in 2024)
USDCAD 
