I am anticipating a sell on USDCAD but until 5pm, if only the newyork session closes below the London session low or mid point, using the last 4hr candle that opened from 1pm to 4pm
The news is really making market so tricky, I'll just allow market for this week hopefully
Just take this sell with me the SL is not much just 1900, I have 60% probability of winning the trade because it has a fundamental backup and it has been long for a very long time through out may and June
My plan on USDCAD today: A break below 1.42106 will give a more downside, my invalidation is a sweep at that level and a rejection
Nice Setup. I'll just love to see it invalidate the internal trend support (yellow line) before i'll start looking for sells.
I'll anticipate price to push 1.4224 region before the sells. Your SL will have to avoid it if your entry is still at 1.42103.
I have retired for the day. The confusion is just too much for today