USDCAD 30min Analysis January 22nd, 2021
Price is at our key structure zone of 1.2700
Trade Scenario 1: Bearish - For us to go short we need to see a strong rejection off our structure zone and price to fall back below the 30min 200MA. We will then wait for a retrace and for a new LH to form. Enter on strong bearish setups.
Trade Scenario 2: Bullish - For us to go long we need to see price break above our structure zone with conviction. We will then wait for a retrace and for 1.2700 to flip as support. Enter on strong bullish setups.
Trade Scenario 1: Bearish - For us to go short we need to see a strong rejection off our structure zone and price to fall back below the 30min 200MA. We will then wait for a retrace and for a new LH to form. Enter on strong bearish setups.
Trade Scenario 2: Bullish - For us to go long we need to see price break above our structure zone with conviction. We will then wait for a retrace and for 1.2700 to flip as support. Enter on strong bullish setups.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.