AlkalineFX

USDCAD Study Case 🧙‍♂️

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FX:USDCAD   ABD Doları / Kanada Doları
Intuition suggests price is likely to flow back up to the main weekly supply to clear out seller liquidity.

How we will get to that zone is another story.

I don't think we will push up to the zone from here. I believe price has lured buyers in after breaking the trendline marked.

So price is likely to do some manipulation to clear breakout buyers before flowing to our target.

I have done a rough illustration of what I am after but we will have to judge it as the price progresses.

I am wishing you all a fantastic trading week team!

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.