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AlkalineFX

USDCAD: Weak Demand 🚨

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
AlkalineFX  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators Wave Analysis USDCAD usdcadshort demandandsupplyzones compression fakebreakout stophunt Bearish Patterns signals Contains image
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trendanalysis indicator waveanalysis usdcad usdcadshort demandandsupplyzones compression fakebreakout stophunt bearish signals containsimage
When price gets delivered to a demand zone in a compression format, It usually means a liquidity grab is coming.

Price could either fall through the demand zone aggressively OR gives buyers an initial lure before dying off as illustrated.

Either way, this is a great pair to watch today!

Let me know what you think in the comment section 💬

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