USDCAD Buying idea

113
As indicated by the drawings. There are some things we need to understand .

1. The resistance zone one the Hour , and the 4 Hrs TF which are used for the analysis , rather intraday bias has been Violated .

2 observe keenly that after the break, there has been a undoubted close of the candle above the resistance zone showing that the bulkish market as per the breking hour is unchallenged.

3. Observe a consolodation of different players in the market structure has been observed prior the break

4. What we expect next after an impulsive move is a corrective move.

5. We wait for the bearish correction upto the last breaking structural zone to tap out the structural pool for a confirmation of the entries.

Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.