Long Term targets for USDCAD.
Perfect Equal highs / Lows for the market to target. Both these highs and lows contain lots of liquidity resting in these specific areas as retailers and hedge funds are buying and selling at these levels. Both levels are expected to be reached. and potentially a huge manipulation to take out all uninformed traders.
Look for PD Arrays within this sideways consolidation to trade from and to trade to. Be cautious of Equilibrium as it is the 50% of the range. Below Equilibrium, we're in Discount, above Equilibrium we're in Premium.
So again, trade within the range and long-term targets for USDCAD is the Equal highs and lows of the range.
Good luck.
Perfect Equal highs / Lows for the market to target. Both these highs and lows contain lots of liquidity resting in these specific areas as retailers and hedge funds are buying and selling at these levels. Both levels are expected to be reached. and potentially a huge manipulation to take out all uninformed traders.
Look for PD Arrays within this sideways consolidation to trade from and to trade to. Be cautious of Equilibrium as it is the 50% of the range. Below Equilibrium, we're in Discount, above Equilibrium we're in Premium.
So again, trade within the range and long-term targets for USDCAD is the Equal highs and lows of the range.
Good luck.