848evo
Short

[ANALYSIS] USDCAD Hard Push to the Upside

FX:USDCAD   U.S. Dollar/Canadian Dollar
53 0 4
USDCAD             had a hard push to the upside mainly due to crude oil             inventory news. It decisively pushed through both upper resistance levels with no retest of either. PA did not go down far enough to activate our trade, but I believe the trade is still valid is PA can break below 1.302. Will wait and see what happens. Staying neutral for now but with a sell stop still ready.

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***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.
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