USDCAD UPDATE.... THE FLOOR IS OILY
Hello Traders,
If you follow me or have seen any of my previous updates, you will know that I was bullish on this pair but as we have it, the market did not and has not reacted the way I thought. If this market turns bullish by way of structure or CHOCH, I am going SHORT.
Note: If this bearish move happens, it will take out all the induced sells/shorts.
If you follow me, you will also notice I make use of the dollar index. As we have it, it has approached a weekly supply so I'm wary and expecting a retracement for now.
If we don't this shift in market structure, then I will update you again.
Cheers.
David
If you follow me or have seen any of my previous updates, you will know that I was bullish on this pair but as we have it, the market did not and has not reacted the way I thought. If this market turns bullish by way of structure or CHOCH, I am going SHORT.
Note: If this bearish move happens, it will take out all the induced sells/shorts.
If you follow me, you will also notice I make use of the dollar index. As we have it, it has approached a weekly supply so I'm wary and expecting a retracement for now.
If we don't this shift in market structure, then I will update you again.
Cheers.
David
