Caught a nice buy off of EU this morning. Off of the 4hr and entry on 15 min.
Two possible trades for EURCAD this week: Check daily timeframe: 1. We are looking to see a reaction off a demand/buy zone for a potential buy. Sweeping liquidity as I see equal highs above and then entering a zone of imbalance confirming it will enter our red supply zone above and turn back around. 2. Once entering our Supply zone we can expect to sell down from there.
Two possible trades: 4hr timeframe: 1. We are possibly looking to sweep liquidity on the upside and enter sell/supply order block for a potential short. or 2. We are possibly looking to sweep liquidity down and enter a demand/buy order block for a potential long.