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USDCAD

by Matthew B, August 24, 2021

USD/CAD H4 DEMAND LEVEL

by Matthew Bond August 24, 2021

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USD/CAD

|

Long

|

H4

Timeframe:

H4

Analysis Method:

DEMAND LEVEL

Analysis:

4HR DEMAND LEVEL / 1HR REFINED

MARKET HAS BEEN TRADING LOWER FOR A WHILE COULD BE TIME FOR A PULLBACK. LOOKING FOR A GOOD PUSH, BREAK AND CLOSE ABOVE THE BASE/STRUCTURE. I WILL THEN LOOK FOR A LONG ENTRY TO SUPPLY LEVELS

Trade Plan:

SUPPLY/DEMAND NAKED TRADING

Risk Management:

0.25%

Things To Watch For:

USD NEWS 15:00 (UK TIME)

IF MARKET TRADES LOWER THAN MY LEVEL THE TRADE IS INVALID

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