𝗨𝗦𝗗/𝗖𝗔𝗗 𝗗𝗮𝗶𝗹𝘆 𝗔𝗻𝗮𝗹𝘆𝘀𝗶 | 𝗔𝘂𝗴𝘂𝘀𝘁 𝟭𝟭, 𝟮𝟬𝟮𝟲
USD/CAD is currently **strongly bearish** and has already moved significantly to the downside.
Yesterday, Monday, **Friday’s low was not taken out**. Price traded almost exactly at the same level, leaving the liquidity below potentially intact.
Above the current price, we can identify several **imbalances**, including multiple **H4 Fair Value Gaps (FVGs)** and a **D1 FVG**.
This creates an interesting potential setup for today.
If price shows a clear **bullish Market Structure Shift (MSS)**, the bearish inefficiencies above could become potential targets for a **retracement**.
The important point is that I am **not changing my overall bearish bias** on USD/CAD.
Instead, I am looking for a short-term counter-trend move to rebalance some of the inefficiencies created during the strong bearish displacement.
𝗠𝘆 𝘀𝗰𝗲𝗻𝗮𝗿𝗶𝗼:
**𝗕𝘂𝗹𝗹𝗶𝘀𝗵 𝗠𝗦𝗦 → 𝗥𝗲𝘁𝗿𝗮𝗰𝗲𝗺𝗲𝗻𝘁 → 𝗛𝟰 𝗙𝗩𝗚𝘀 / 𝗗𝟭 𝗙𝗩𝗚 𝗮𝘀 𝗽𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝘁𝗮𝗿𝗴𝗲𝘁𝘀**
No MSS, no trade.
**𝗡𝗼 𝗿𝗮𝗶𝗱, 𝗻𝗼 𝘁𝗿𝗮𝗱𝗲.**
*Disclaimer: This content is for educational and informational purposes only and does not constitute financial or investment advice. Trading financial markets involves substantial risk, and past performance is not indicative of future results. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Always conduct your own research and consider your individual risk tolerance before making any trading decisions.*
USD/CAD is currently **strongly bearish** and has already moved significantly to the downside.
Yesterday, Monday, **Friday’s low was not taken out**. Price traded almost exactly at the same level, leaving the liquidity below potentially intact.
Above the current price, we can identify several **imbalances**, including multiple **H4 Fair Value Gaps (FVGs)** and a **D1 FVG**.
This creates an interesting potential setup for today.
If price shows a clear **bullish Market Structure Shift (MSS)**, the bearish inefficiencies above could become potential targets for a **retracement**.
The important point is that I am **not changing my overall bearish bias** on USD/CAD.
Instead, I am looking for a short-term counter-trend move to rebalance some of the inefficiencies created during the strong bearish displacement.
𝗠𝘆 𝘀𝗰𝗲𝗻𝗮𝗿𝗶𝗼:
**𝗕𝘂𝗹𝗹𝗶𝘀𝗵 𝗠𝗦𝗦 → 𝗥𝗲𝘁𝗿𝗮𝗰𝗲𝗺𝗲𝗻𝘁 → 𝗛𝟰 𝗙𝗩𝗚𝘀 / 𝗗𝟭 𝗙𝗩𝗚 𝗮𝘀 𝗽𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝘁𝗮𝗿𝗴𝗲𝘁𝘀**
No MSS, no trade.
**𝗡𝗼 𝗿𝗮𝗶𝗱, 𝗻𝗼 𝘁𝗿𝗮𝗱𝗲.**
*Disclaimer: This content is for educational and informational purposes only and does not constitute financial or investment advice. Trading financial markets involves substantial risk, and past performance is not indicative of future results. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Always conduct your own research and consider your individual risk tolerance before making any trading decisions.*
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.