USDCAD Price Action
EURUSD has just reached a 1:5 ratio. Don't forget to watch the previous analysis. Now we can see that the USDCAD is making a Strong Low and a Weak High, and we can see liquidity in the trendline area. Then, switch to the 5/15 minute timeframe to determine the imbalance and wait for a retreat for a long entry. Scalpers go for 1:2/3 and day traders go for 1:5/10, but the market is closing today. So trade with caution. I wish you the best of luck. Thank you very much.
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