My analysis for USDCAD.
Bias on selling this pair as there is an bearish OB on 4H timeframe and purged of liquidity.
Currently, waiting for a clear break of structure on smaller timeframe (1H or 15 minutes) & also break of trendline on 1H/4H then will take an entry to sell this pair.
My ideal take profit will be around 20/30 pips.
Bias on selling this pair as there is an bearish OB on 4H timeframe and purged of liquidity.
Currently, waiting for a clear break of structure on smaller timeframe (1H or 15 minutes) & also break of trendline on 1H/4H then will take an entry to sell this pair.
My ideal take profit will be around 20/30 pips.
Trade closed: target reached