OB identified on the 1H chart, buy limits in place in anticipation for push up. If you disagree or have an alternative view I would love to hear it, discussion helps everyone be a better trader :) Please like if you found this useful as it helps me out and lets me know if people find it insightful!
Typical bank move to take out London/NY lows, smart money takes out dumb money and pushes price up. If you agree leave a like as it helps greatly, if you disagree or have another idea feel free to comment :)
Flag forming at the top, retracement on the pair is due especially with a toppy AUD, JPY showing strength if very briefly. Commen, like and follow. Share any thoughts as always!
Reasons narrated in the chart. If you like the ideas please give a follow and a thumbs up, if you have any questions or disagree then please leave a comment I'd be happy to hear your opinion!
We saw the USD was weak on the 17th and took into account the fact CAD is being pushed by the growing prices of Oil due to Texas cutting production. Since then, we've seen the USDCAD drop 90 pips where profit has been taken. If you like this idea and want to see more feel free to like, follow and drop a comment on what you would like to see me analyse next.
As expect the USDCAD took a dive, I provided the analysis earlier this week which can be found in the linked idea below. For more trade ideas feel free to leave a like, give me a follow and if you don't agree or have any questions feel free to ask in the comments below.
Long term uptrend, potential push to 1.23 short term trade
backtested major resistance/new support at 1905, potential climb to 2000 highs