Today, we will analyze USDCAD
Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
Trade active:
The setup instantly went into the profit with the minimum drawdown, it still didn't break the HTF's structure so sellers should be careful
Comment:
1.35 is going to be the first challenging zone, if it breaks the structure in the lower time frames, it would be even safer to hold this setup
Comment:
we can the POI Zone above the entry could be another good entry for entering sell setups
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