Great moves on USDCAD. It went down like expected. So what next?
We are currently at a h4 Demand Zone. We could see the price moving up from here. Wait for a nice Price Action Confirmation and then you can enter long. Otherwise we may see the price breaking this Demand Zone and price will drop more down.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time - Darius.
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The h4 closed below the Demand Zone. Wait now for a Retest and then we can take shorts.
@VasilyPonomarev, thanks for the update. Yes I agree with you. We may see the price breaking this important area and we will see the price dropping more down