USDCAD was our big winner from last week & now I'm looking for a potential move in the opposite direction as we approach a key level of structure on the higher timeframes. This is a countertrend opportunity which means I'm NOT looking for a full reversal, rather only an opportunity to catch some relief back to the previous level of structure support.
Currently the market has given us tweezer bottoms which is a good sign for a potential hold, a higher high, higher close would be enough for me at this level to signal a buy (assuming the risk to reward ratio makes sense).
*Not noted, but one of our live room members has been sharing with us his Inside Bar strategy (inside bars are noted with yellow triangles) this would already have been an aggressive entry for him)
Akil
Currently the market has given us tweezer bottoms which is a good sign for a potential hold, a higher high, higher close would be enough for me at this level to signal a buy (assuming the risk to reward ratio makes sense).
*Not noted, but one of our live room members has been sharing with us his Inside Bar strategy (inside bars are noted with yellow triangles) this would already have been an aggressive entry for him)
Akil
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Learn To Trade (Coaching, Courses & Community)
tieronetrading.com/
🎵Check Out My Top-Rated "TRADING COACH PODCAST" (Available On Your Favorite Podcasting App)
tieronetrading.com/
🎵Check Out My Top-Rated "TRADING COACH PODCAST" (Available On Your Favorite Podcasting App)
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.