Its time to get buy step by step on the pair.
Banks are collecting the pair by #Order_Blocks and did their manipulation.
This is a personal idea based on my experiences and the trad responsibility is yours.
This is just looking back at an interesting set up that occurred in USDCAD earlier in the month. This is what I call the balance tipping to the sell side.
Hope you find it as interesting as a did. Thanks for stopping in.
Apple is getting back slowly to the demand zone and there is a nice possible long position I showed on the chart.
r:r is about 3 and entry and stop level are showed.
Do risk free or set a good trailing stop.
Why are you bored guys while here is such a beautiful stroge zones I showed in the chart.
If the price got back to the supply zone I drawed with red zone, you can get sell position as I drawed r:r rectangle.
Also set two buylimit order in the two demand zone I drawed with green zones.
A really nice long position is waiting for the price to come back to the zone i showed in the chart.
you can set a buylimit order on the top hedge of the zone and put the SL in the lower hedge.
Don't forget to do riskfree.