USDCAD a What is strong rejection of higher prices?
Updated
There are one intraday levels what will be interest me in this week.
This Intraday short levels are based on :
Volume accumulation
+
Strong rejection of higher prices
What is strong rejection of higher prices? This pattern is made when the price goes one way aggressively and then turns quickly and with the same aggression and speed goes the other way. A classic example would by a type of candle called the " pin bar". But pin bar is not the only visual form of strong rejection. There are many ways a strong rejection can look like!
Happy trading
Dale
This Intraday short levels are based on :
Volume accumulation
+
Strong rejection of higher prices
What is strong rejection of higher prices? This pattern is made when the price goes one way aggressively and then turns quickly and with the same aggression and speed goes the other way. A classic example would by a type of candle called the " pin bar". But pin bar is not the only visual form of strong rejection. There are many ways a strong rejection can look like!
Happy trading
Dale
Trade closed: target reached
Full profit! Nice trade!
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