More upside after rejection from the Weekly OB

USDCAD touched the bottom of the ascending channel with the confluence of Weekly order block and multiple FVG. NFP was nicely used for the manipulation below PWL. Now can see displacement to the upside with H1 BPR. I believe next week will see a bullish expansion. In the COT we can see that longs are being added and shorts closed which are below the average and longs above 13 weeks average.

It is also in confluence with the 🇺🇸 USD analysis

Always follow these rules

- Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low

“Adapt what is useful, reject what is useless, and add what is specifically your own.”

Dave FX Hunter ⚔

Yorum:

I will be adding