Price is in uptrend on daily. On pull back it founs support at previous markwt structure. On resistance it made a doubke bottom on daily snr zone. Support trendline and daily snr with double bottom give chances to price for continuation upwards
Dxy Is trending down, and as for uj we already saw break of hns neckline, we seeing a retest of neckline various targets to down can be seen happening,all the best if you followed this signal
overall in downtrend resulting in lower highs and lower lows
Usdcad is Showing signs of being bullish on daily. To tap that momentum i was trying to catch the retracement after pullback. Momentum confirmation for continuation at 1 Hour can might make it possible to reach daily levels with shorter SLs
significant demand cluster below reversal level cand be a ood place to look for buys on daily we are coming from support and we seen a recent brek of structure which further adds to price bullishness ////apart from price being above 50 and 200 ema
pullback buy at a rversal level in bullish market can be a good call on confirmation close above 50 and 200 ema .confirm daily bullish momentum
The daily structure is bearish price from daily supply gave CHOCH Pullback sell and manage afterward look feasible
daily shown break of structure and now it is retesting the structure. On daily price struggling to go down p///printed indecisions 1 hour i am expecting a HIgher low at structure//buy location correspond to demand 1 hour compresses with loss of volume towards sell side
As price is on weekly level plus trendline support. We can see upward swing to test structure. Price on daily already showing loss of momentum and volume.( duvergence.) Hence we need structural shift at 4 hour or 1 hour to support our bullish idea and entertain longs on retest.
Price testedmajor resistance and was rejected on daily Broke support on 4h /1h came back to test structure And might now complete its bearish daily and 4 h correction phase . later we can see buys as pair in a larger scenario is moving up
daily up 4 hour is up as it broked retested and gave a buying confirmation
weekly i down daily is down 4 hour trend line resistance is broken price currently trying to retest old broken structure