USD/CAD - DOWN BEFORE RALLY CONTNUES???

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Until the last Friday of January CAD has been taking a beating , Mon-Tue we see CAD gaining some traction
in a much corrective structure and of nature, trickling its way back down towards marked out IPA's that need filling
as well as some unmitigated OB's before a possible rally higher.

(SUBJECTIVE)
- 2 possible positions I would personally execute have been marked out only if price action is in context .
A short term sell if price moves toward the minor IPA giving bears another shorting opportunity
which could possibly push prices further down where MY second entry would be- Long, Medium term to a higher daily OB.

Now, lets wait and see..☕



this is not trading advice

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.