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USDCAD: Weak Demand 🚨
U.S. Dollar / Canadian Dollar
Short
USDCAD: Weak Demand 🚨
By AlkalineFX
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Jul 18, 2022
5
9
48
48
Jul 18, 2022
When price gets delivered to a demand zone in a compression format, It usually means a liquidity grab is coming.
Price could either fall through the demand zone aggressively OR gives buyers an initial lure before dying off as illustrated.
Either way, this is a great pair to watch today!
Let me know what you think in the comment section
💬
Bearish Patterns
compression
demandandsupplyzones
fakebreakout
Technical Indicators
signals
stophunt
Trend Analysis
USDCAD
usdcadshort
Wave Analysis
AlkalineFX
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