We got stopped out last trade probably because I`ve putted too much interest on the 15min chart. You should allways know that the bigger timeframe has more meaningful key level
You can see on the 4hr/1hr timeframe that there is a major fight between the buyers and the sellers... maybe the Business "Outlook Survey—Spring" that the BOC shows us some weakness here
last trade we got stopped from trap
My intraday prediction (for day traders)
I`ll suggest you guys to wait for better entry, look at the 200MA it`ll probably retest that area and will drop down after
I`m thinking that key level is about to be broken
Temporary demand zone touched once, I`m pretty sure it will not break this time (touched only once) so this could be a really good trade if price will break the previous high candle
noticing a nice channel only at the end. Might be not to late
Very uncertain here, proceed only if you agree, beacuse me myself im not sure