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Digital-nomad
May 14, 2020 1:40 PM

Very strong Supply Zone to watch on The USD CAD pair  

USD/CADOANDA

Description

as you can see the market is trending up following a bullish trend line, buyers are going to be challenged at the supply zone .

I mentioned the bullish trend line and the supply zone as important levels that can give a clue what the market is going to do.

the best entry setups that aim waiting for are the following :

1-A pin bar rejected from the supply which will indicate a sell signal

2- strong breakout of the bullish trend line which also indicates a change of momentum and sellers are going to take control

3- If the market keeps going up and breaks out of the supply zone, i'll wait for a pullback and then take a long decision.

What do you think guys, let's share your ideas below
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