Watch Out for EURCAD

I have been studying Inefficiencies and order blocks while following this pair. Take a look at the setup

My prediction is that the price need to go down a little more to fill up the order block at around 1.4652 so the MArket Makers will mitigate out of their positions. After that it may continue with the uptrend (See the uptrend on higher timeframes).

We might see some Wyckoff formation that will be our signal for the entry

NOTE: This is not an advise to go ahead and buy this particular pair. Trade at your own risk
Candlestick AnalysisSupply and DemandTrend Analysis

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