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TomProTrader
30 nov 2016 14:14

USDCAD understanding structure correctly 

U.S. Dollar/Canadian DollarFXCM

Beskrivning

Hi guys,

I got a request to look at this chart and I am posting it because the structure offers opportunities!

I am expecting the pair USDCAD to break structure, but the question is, is the correction over? I guess we will soon know. Maybe one more move up before the next down impulse.

Thank you for your support.

Kommentera

An indecision candle today. Does this mean it could bounce into the highs? I guess we will soon find out.

Kommentera

Buying pressure continues at the lows of structure, will price bounce back up?

Kommentera

Price broke out of bottom structure. Wait for a retest for a sell set up
Mer