DataTrendsLLC

USDCAD Short term buy trade setup H4 Bullish Engulfing

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD
Downtrend still intact, The banks hedge the market to balance their order flow, Banks taking out buyers and sellers, Liquidity zone,
Buyers climax, Wyckoff schematic, Inverse head and shoulders , Structure broken, New high, Higher low, New Order block formation at fib 50 retrace, High impact news event NFP Friday 8:30 am EST.
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