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AlkalineFX
Feb 7, 2021 9:18 AM

USDCAD - Support Hunt & Fly Long

U.S. Dollar/Canadian DollarFXCM

Description

We are caught in an ugly range on this pair, we are currently trading at a key supportive region which is most likely going to be stop hunted.

I would like to see a push below support into the liquidity pool marked before rejections to the upside.

We need to monitor the DXY constantly to see whether or not this move will be valid next week.
Comments
WicktatorFX
I need to learn more about liquidity pools and order blocks. Your charts are so helpful!
AlkalineFX
@Wicktator, Great tool to add to your strategy!
PriceActionAnalyses
I'm not a believer in correlation but great work done bro!
AlkalineFX
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