USDCAD 30min Analysis January 22nd, 2021

257
Price is at our key structure zone of 1.2700

Trade Scenario 1: Bearish - For us to go short we need to see a strong rejection off our structure zone and price to fall back below the 30min 200MA. We will then wait for a retrace and for a new LH to form. Enter on strong bearish setups.

Trade Scenario 2: Bullish - For us to go long we need to see price break above our structure zone with conviction. We will then wait for a retrace and for 1.2700 to flip as support. Enter on strong bullish setups.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.