USDCAD Study Case 🧙♂️
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!
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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