Between these two red lines inside weekly+daily imb, the set-up could be find for buys
Why? Price already taken the liquidity above and it possible scenario
shows the probability
of retracement ( where structure shift indicates sellside delivery,
however buys will be
more safer approach fundamentally
and technically both .
Fundamental reason : aud have strong
intrest rate i.e (3.6%)
whereas CAD indicates 2.25%
And Technically it's bullish orderflow .🤝
Why? Price already taken the liquidity above and it possible scenario
shows the probability
of retracement ( where structure shift indicates sellside delivery,
however buys will be
more safer approach fundamentally
and technically both .
Fundamental reason : aud have strong
intrest rate i.e (3.6%)
whereas CAD indicates 2.25%
And Technically it's bullish orderflow .🤝
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.