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TaylorForex_
Dec 16, 2020 7:01 PM

USDCAD Potential Sells Short

USD/CADOANDA

Description

What's good traders! Haven't posted here in a while, hope everyone is well. Thought i would share my thoughts on USDCAD.

Looking to jump into this tomorrow, will re analyse this once Asian range has passed to see if we can find a smaller TF Distribution Schem. Going with the overall structure and momentum of the market, I am looking for Sells only!

Potential 20:1

Comment

Reminder: We need to find confirmation before execution, I will only ever execute a trade if it inside my Kill Zones.

Comment

Target reached, now invalid, had a reaction from the equal high, in which i knew there was liquidity resting above , so price was bound to take out the eqh
Comments
FTUKcom
I agree. it could come ever lower into multi month lows
fxpays
Nice analysis👍🏼
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