USDCAD - 4hr Trade Breakdown.
After applying more analysis over the chart we can begin to see what setups we can plan for.
The low to the left is our year low, I there is high probability that we will see some interaction from this level.
I will be looking to sell down to this level however, we need to see a clear swing high in the smaller time frames in order for us to get a solid entry.
Once we reach the zone ill be looking for a significant pullback to remove retaliate from the market. This will create a September Weekly/Monthly high witch we can look to sell from.
The low to the left is our year low, I there is high probability that we will see some interaction from this level.
I will be looking to sell down to this level however, we need to see a clear swing high in the smaller time frames in order for us to get a solid entry.
Once we reach the zone ill be looking for a significant pullback to remove retaliate from the market. This will create a September Weekly/Monthly high witch we can look to sell from.
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