This is a long trade idea I have, based on the abundance of buyside liquidity in the form of relative equal highs that extend beyond the left of the chart, as well as the trendline resistance building up below it. Whilst it is possible for price to make new lows, my focus is on HOW and WHEN price reacts when it gets to this POI.
Although the DXY seems overextended, many of the XXXUSD pairs have yet to reach their draw on liquidity, furthermore, they have created even more relative equal lows. This further adds to my USDCAD bias. My only concern is that the DXY generally sees more seasonally bearish sentiment during the month of April.
Let's see what pans out.
- R2F
Although the DXY seems overextended, many of the XXXUSD pairs have yet to reach their draw on liquidity, furthermore, they have created even more relative equal lows. This further adds to my USDCAD bias. My only concern is that the DXY generally sees more seasonally bearish sentiment during the month of April.
Let's see what pans out.
- R2F
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。