SuvashishFx

EURCAD Price Action

Long
FX:EURCAD   Euro / Canadian Dollar
Good day, traders. We've been conducting excellent analysis over the last few weeks, so let's keep doing it. Don't alter the plan. As we can see, the price did not breach the low and did create liquidity. So wait for the liquidity sweep, but be cautious if you see the candle close below that level. Because I prefer wick or a pin bar.

We can also observe that there is an imbalance that the market must correct today or tomorrow. So let's set TP to that Imbalance zone. When the liquidity sweep is complete, turn to the 5 minute chart and wait for the BOS/CHOCH breakout, then mark Imbalance and wait for a pullback to enter. Best wishes and pleasant trading. Thank you very much.

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