UCAD Is Heading To 1.29900 Weekly Demand Level

1st trade:
Price pushed up into a broken support now resistance for a retest then started to pull down so i took a sell with my SL above the previous H4 high.
I closed the trade in a loss once i saw a bullish H4 candle, this trade was invalidated.

2nd trade:
Price pushed up into an M30 resistance level for a retest then rejected with a confirmation on M30.
I took a sell on the next H4 candle open with my stop loss above the H4 supply level.
I saw price continue to push up in momentum because the dollar was strengthening due to a speech given so i manually closed my position and waited for things to die down.


Candlestick AnalysisMultiple Time Frame AnalysisSupport and Resistance

Penafian