High Probability CADCHF shorts

26 Jul 2022

First the daily orderflow is bearish... Its not a must that price returns into a particular TF's reversal zone.. it can decide to reverse from anywhere it likes provided momentum is to the downside. ON the H4 timeframe we can see price (according to the Dow jones principle) has broken two lows to the downside thereby putting in motion bearish orderflow on the H4. Also on the H4 we can see price is Distributing( taking liquidity to the upside, breaking structure to the downside) Two very strong confluences telling us that price may be headed down... I'd be applying the DM_FX entry model within these zones to find an entry.