USDCAD H4

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Price break the demand zone , indicating seller>buyer and a surge of supply at the level. The price then retrace to the same exact level. Expecting a swing low from fulfilling the remaining sell order at the supply zone.

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ملاحظة

Not all set up a made for swing low. In this case, the swing low point turn out to be a fakey as it is aligned with another resistance.

What to expect ?
Swing low at higher price level

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ملاحظة

*are

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ملاحظة