USD / CAD POTENTIAL FOR BUY OPPORTUNITIES

21 de nov.

https://www.tradingview.com/x/QoGuUPxI/

DESCRIPTION

USD/ CAD is currently bullish on bigger TF i.e. daily TF , hence my analysis here is based here on the overall swing structure of the Daily swing and ATM the price is at the daily 50 % ( premium zone. hence a potential for opportunities is there.


What to look for - In small TF i.e. 4hr ,1hr, or 15 min TF look to see the bullish pattern for the buys i.e. as I have marked in the chart , I will be looking to see if the 1 hour fractal structure ( wick marked in the chart , u can see ) that has been accumulated in the Asian session to be broken and look to entry on the retest of the fractal wick .( NY session will be more ideal for entries. )

MY CONFLUENCES.

1. Market structure belows
2. SWING STRUCTURE OF THE MARKET.
   
3. IBOS - INTERNAL BREAK OF THE STRUCTURE - SIGNALS POTENTIAL INTERNAL STRUCTURE IS ABOUT TO START / END.
   
4. FRACTAL STRUCTURE OR CHoCH ( change of character ) , Again fractal structure ffocuses on wick break , shows us internal pull back is about to start or end.
   
   Always trend inline with overall swing structure , can trade on certain pullbacks offline with overall swing structure but very cautiously.
   

1 de dez.

Trade fechado manualmente

GOOD OPPORTUNITY IN LINE WITH DIRECTION TAKEN. AS SHARED ON ANALYSIS.