USDCAD long - Supply Demand - h4 (Explained S&D)

Hello Traders!

Nice possible setup for USDCAD. We are near a Demand Zone and we have the possibility to go up from there to the Resistance Line.

Last Analysis
Also I wrote down on the chart a little explanation to the last USDCAD. I have marked on the last chart analysis a Demand Zone. But the price never rejected at this zone or gave as any price action confirmation that this orderblock will work. Therefore this zone was never confirmed. But now this is a Swap Zone. It has the possibility to drop the price.


That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.