Market Structure:
USDCAD continues its strong bullish rhythm within an ascending channel on the 1H timeframe. The market structure remains solidly bullish with clean impulsive runs and corrective phases.
Technical Setup & Expectation:
Price is currently driving lower to mitigate a critical Demand Order Block resting on the channel's support line.
As drawn on the chart, I anticipate some minor structural accumulation or a potential liquidity sweep inside the zone before the buyers step back in to fuel the next impulsive wave upward toward the previous highs.
Key Notes:
Keep an eye on price action triggers on lower timeframes (e.g., M5/M15 CHoCH) once inside the OB.
Strictly manage risk, as invalidation lies with a clean structural break below the channel.
USDCAD
USDCAD continues its strong bullish rhythm within an ascending channel on the 1H timeframe. The market structure remains solidly bullish with clean impulsive runs and corrective phases.
Technical Setup & Expectation:
Price is currently driving lower to mitigate a critical Demand Order Block resting on the channel's support line.
As drawn on the chart, I anticipate some minor structural accumulation or a potential liquidity sweep inside the zone before the buyers step back in to fuel the next impulsive wave upward toward the previous highs.
Key Notes:
Keep an eye on price action triggers on lower timeframes (e.g., M5/M15 CHoCH) once inside the OB.
Strictly manage risk, as invalidation lies with a clean structural break below the channel.
USDCAD 
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.