U.S. Dollar / Canadian Dollar

Short

USDCAD 3/25 Outlook

Updated

Bearish on UCAD until 15 min LPOTM invalidated. Price is at 4HR POI so a shift in ODF on the 5 min would validate long positions.

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Price invalidates 15 min bearish LPOTM. As a result sentiment shifts to bullish until a new low is formed.

Watching these areas for potential long entries.

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Breaker block is valid as well

Trade active

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Entry off breaker

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UCAD at entry point, trade not entered as price has not shifted bullish on smaller timeframes

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Trade idea.

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Price reacts as expected

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UCAD offers a second chance to get short during NY.

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NY offering more short opportunities?

or plans to invalidate?

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Entries invalidated, short is still in play however

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Let the algo show you its hand.

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