AlkalineFX

USDCAD: Trading @ Monthly Supply ✅

Long
FX:USDCAD   Dollar Américain / Dollar Canadien
Price has been delivered to the supply with a compression format, which leads me to believe the zone will not hold.

When we see compression delivery, we tend to see a liquidity grab of the area before sells or complete disregard for the zone.

I will be avoiding sells until dollar bulls calm down and liquidity from the order block is taken.

57% of traders are currently net short on this position, don't get caught in the liquidity grab.

Wait and then execute after! ⚠️




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