USDCAD https://www.tradingview.com/x/zmp5xYN1/
With REF to DXY. USDCAD shorts from reminded HTF'S is the play for me today.
U.S. Dollar / Canadian Dollar
Real-time market insights
USDCAD Pay attention to the Fibonacci price zone at 1.40400, along with the recovery of the DXY. The market is awaiting the PPI results.
USDCAD those who want to book profit…. Plz book it…. 170 pips is enough…. 😉 Good Luck
USDCAD USDCAD // I call this setup the leg breaker It's dropping a bit early so not clear if it'll pull back a bit more before continuing, this can also just continue from here all the way into the next trading day, price crashed through this weeks purple weekly trendline and volume zone.
It's also dropping from the critical monthly pink lines, heavy sell pressure. I call this setup the leg breaker, just for how the lines chart and where the bars are positioned.
USDCAD Market moves in continuous waves of premium to discount pricing.
Currently, USDCAD is aggressively selling off, but a straight drop down is highly inefficient. If price sweeps the 1.4050 liquidity pool, a logical relief rally back up to mitigate the 1.4150 resistance block is highly probable.
Why? Because that orange block is where the initial institutional selling momentum was generated. Big players who missed the first leg down, or those looking to add to their short inventory, will wait patiently for price to pull back into this premium level to get a better price.
Amateurs will get caught chasing the market at the very bottom, only to get stopped out on the retracement. High-value traders do the opposite: they let the market sweep the lows, wait for the relief rally back into the 1.4150 supply zone, and execute their short ideas only when premium pricing is restored. Patience is the ultimate risk management tool.
USDCAD dropping down
USDCAD 1.41 hitted and we are positive in 120 pips….. more 100 pips to go… for our target….. those who followed plz wait patiently…
USDCAD maybe another day or two of correction to 1.41 and then the macro trend will continue up.
USDCAD dropping now
USDCAD Indicators are nothing more than smoothed out past price data tracking an average when an aggressive macroeconomic shift happens or a major institutional order block is triggered, the moving averages and overbought oversold oscillators lag completely behind. True market truth is found only in the raw interaction between price structure and liquidity arrays.





