USDCAD 4H: 15/12/2022

As you can see, price had a bearish reaction after touching FVG.

Now price on a good bull situation.

There are two scenario:

1. price move upward from here to collect liquidity above 1.37 and then touch demand zone. (I follow this one)
2. Price retrace for collecting Liquidity and then move up.


💡Wait for update!
🗓️15/12/2022
🔎 DYOR

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Commentaire:

Well, price just touched our first target at 1.37.

Now price had a correction.
Our first supply zone is 1.364 to 1.36.
If price breakdown this zone price can move downward till 1.357 and then start go to demand zone.
In my perspective, price can move up from here.