I would personally be using this analysis to either Long or Short USDCAD.
As far as explanation the first demand zone is a (DBR) Drop Base Rally indicating Buyers overpowered the sellers.
*The bottom demand zone is:
A: The lowest low
B: The first rally indicating buyers are more greedy and sellers are more fearful there.
As far as explanation the first demand zone is a (DBR) Drop Base Rally indicating Buyers overpowered the sellers.
*The bottom demand zone is:
A: The lowest low
B: The first rally indicating buyers are more greedy and sellers are more fearful there.
Comment:
Looking back; sellers are in a demand zone looks like the buyers will be overpowered.
