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Usdcadbuy

USD/CAD CHART 4HR BUY SET UPHi TRADERS this is my trade set up for the USD/CAD for the new week ahead This area has been touched 3 times of late i am expecting a bounce off this area but be very cautious with this trade it could just drop through SUPPORT ORDER BLOCK ZONE as was good Canada data last week, i am expecting A DECENT CANDLESTICK CONFIRMATION IN the order block zone and will be looking for a BUY trade only if it meets your criteria for a trade then execute This is my analysis only please trade with caution and risk management in place good luck for this weeks trading please like and comment both are welcome
Long
by Costy13
USDCAD short trade update Price has made a massive sell off like I've been expecting overall. Now we have reached another supportive area I will look for any quick reversal signs or consolidation for the retracement move back the the upside. i wouldn't expect to see an upside move possibly until mid week but I will try update if I take any positions. Its okay to change your mind like the (wind) the market is always moving fast and you can easily get caught with the wrong bias, your never always going to be right as the market will do what ever it wants when ever it wants, sometimes you need to adapt to the situation as you read the candles...
by jamison_fx