GU has sold back down to support at the 1.25000 level. Based on prior information I can expect to buy from the 1.25320 area. NOW IF PRICE BREAKS THE SUPPORT and retest and doesn't break back to the upside, you can expect a sell and I want to potentially take the sell all the way to the 1.2340 area bc that is also a level of support from the previous month.
I believe usdcad is going to buy from my demand zone that I’ve marked up by using the previous weeks high and low on my buyers .786-.886 fib zone which is the blue rectangle. I plan on taking this buy all the way up to either the 50% or the supply zone for a full 100%
I think that price is going to bounce off my lower timeframe uptrend line break my hourly resistance and resume up to my higher timeframe uptrend line which are the blue lines