ShrewdCatfx

USDCAD 4Hr Analysis

Short
ShrewdCatfx Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
We have created a HH on the 4Hr Chart
However the way that the candles are printing has me concerned
for the bulls. Additionally, the Daily TF has a large top wick
. This wick was created during London Open as price came flying down
liquidating fomo buyers. Im looking for a correction down to 1.263.
Our Daily Resistance at 1.26850 appears to be holding fairly well
Comment:
My Bias appears to Be wrong on the Previous Analysis
Comment:
I have taken Buys based
On USD Strength
US Oil Weakness, Fakeout to gather liquidity
during this morning's NY Session.
Trade active:
2:1 RR Trade
Trade active:
15m Breakout to 1.27550
Comment:
I believe the New 4hr candle can give us volume
and Impulse up to the next zone on DXY
Trade active:
Trade is Stil Active, Up about 1R In profit
Targeting 1.27544 on the 4Hr Timeframe
Comment:
4Hr Closed strongly bullish after London Close, Anticpating new 4hr candle to provide the ctalyst for another leg up to 1.2755
Trade closed: target reached:
15m Took Profit
before Asian open. Not looking to give back profits on a hard pullback to
1.272
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