On into the next week i expect GCAD to drop, price just took out liquidit above buy side liquidity (BSL) equal highs+weekly highs and closed bearish below, we have multiple bullish imbalance that price will try to close next week.
For a better entry wait for a high momentum bearish candlestick on h4/d1, also what supports this idea is the correlation between usoil and cad i hope we will see a small retracement on usoil on monday so that means bullish CAD and our chart BEARISH.
Comment below what you think about.
For a better entry wait for a high momentum bearish candlestick on h4/d1, also what supports this idea is the correlation between usoil and cad i hope we will see a small retracement on usoil on monday so that means bullish CAD and our chart BEARISH.
Comment below what you think about.