succeedwithsage

USD/CAD 2-7-2022

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FX:USDCAD   美元 / 加元
So with UCAD we see that on the 4HR we created this perfect "M Formation" that we know the google and youtube traders love and this is where the institutions thrive, So we could anticipate for markets to come fake out the sellers trading this pattern and at the same time sweep up the liquidity and fill orders before then going bullish to sweep the liquidity we have above as well as filling the daily imbalance we have, so this could be more of a longer term picture buy to sell opportunity, we are aware on the Daily we are in a uptrend as well as 4HR technically but on lower time frames we are starting a downtrend so we will see what confirmations we get when market comes to our POI and go from there but these are amazing R;R set ups. Also another thing to consider is that the US dollar has dumped so we could see a comeback on there that could push UCAD up some.

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