USD/CAD - Buying climax and buying trap >
I found massive buying climax in the background, which is sign that smart money closed their buying positions. After that, I saw the fake breakout of the prev. 20 bars high. Buying looks very risky.
Downward targets set at the price of 1.2895 and 1.2715
Downward targets set at the price of 1.2895 and 1.2715
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.