OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Weekly:
1. Direction:
Bullish
2. Reasons:
1. Price respected the newly formed FVG
2. BOS with massive displacement
3. price is moving from IRL to ERL
4. DXY is bullish
3. Trading Range Box:
1.36332 to 1.38440
Daily:
1. Direction:
Bullish
2. Reasons:
1. Respecting the weekly/Daily FVG
2. Good reversal candle
3. Price is at IRL (good for continuation)

4H:
1. Direction:
Bullish
2. Reasons:
1. BOS with displacement
2. Wait for the FVG formation
3. Wait for 15M MMBM

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.