Not that I am calling the bottom on USDCAD, even though that I believe that the tops and bottoms on an asset can be ascertained with high accuracy. What I see in price says the bottom of USDCAD is near
Price seems to be in a consolidation, which means that the manipulation would occur after taking out the sellside Liquidity that is below current price.
After the manipulation comes the distribution to the upside towards the Buyside Liquidity
What I want to see in price is for price to reach into the Sellside Liquidity with event of the FOMC news and then rally to the upside
TRADE WITH IMPECABLE RISK IF YOU WANT TO TAKE A TRADE RED FOLDER NEWS EVENT LIKE FOMC
Price seems to be in a consolidation, which means that the manipulation would occur after taking out the sellside Liquidity that is below current price.
After the manipulation comes the distribution to the upside towards the Buyside Liquidity
What I want to see in price is for price to reach into the Sellside Liquidity with event of the FOMC news and then rally to the upside
TRADE WITH IMPECABLE RISK IF YOU WANT TO TAKE A TRADE RED FOLDER NEWS EVENT LIKE FOMC
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.