FX:USDCAD   U.S. Dollar / Canadian Dollar
as we know the buying climax candele is one of
the most powerfull reversal signe of the trend
this is was the monthly chart it gets us an idea
that there is a pourcentage of 80% that we will
drop in the longterm(maybe we will see a small
way to the up side but generally we will drop soon)
lest move to the Daily chart ...
we noticed an ultra high volume detected on a
Red candell wich it gives us an idea how mush is
powerful that Buying climax....
lets now move to the 1H chart...
well in the 1H chart....we see that price failed to
breakUp this POC(point of controle)of
VolumeProfile ..then it creating an Uptrend (the
white line)...as a trader i will wait a break of this
trend then i will go Short for a longterm TP will
be 1.02000

Comments

thanks ,, its helpful ,,
+1 Reply
I will monitor it with you, with this view
+1 Reply
GOOD!! AND INTERESTING, REALLY HELPFUL
+1 Reply
@rich0993, Thank U
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Very detailed. Good job.
+1 Reply
AzzeddineBerhili TradingShot
@TradingShot, Thank's mate u have my Follow for Motivation
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