AlkalineFX

USDCAD Study Case ๐Ÿง™โ€โ™‚๏ธ

๋กฑ
FX:USDCAD   ๋ฏธ๊ตญ ๋‹ฌ๋Ÿฌ / ์บ๋‚˜๋‹ค ๋‹ฌ๋Ÿฌ
Intuition suggests price is likely to flow back up to the main weekly supply to clear out seller liquidity.

How we will get to that zone is another story.

I don't think we will push up to the zone from here. I believe price has lured buyers in after breaking the trendline marked.

So price is likely to do some manipulation to clear breakout buyers before flowing to our target.

I have done a rough illustration of what I am after but we will have to judge it as the price progresses.

I am wishing you all a fantastic trading week team!

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