USDCAD : 1.400 VERY SOON

Now that the market price have reached into the Discount FVG on the daily timeframe, we could expect some longs to the upside

My primary target is 1.4000
If you are a swing trader, I see this as a good opportunity to long as coupled with the fact that the Weekly timeframe supports the idea of a long on this pair

As a day trader that I am, I will wait for shorter term opportunities

Transaction en cours:

Price have expanded to the upside as predicted. Once the price breaks and hold above 1.37144, then I will looking for intraday longs. For now, we wait and watch price action

Commentaire:

Now that price have broken and closed above the Swing high at1.37144, we should find long entries from the 4hr FVG below current market price

Commentaire:

There were no entries for me on the intraday charts. The market is also currently stuck in a range, typical for the last week of the month. We should see expansion to the upside from next week or the 2nd week of May. The bias is still bullish