USDCAD H4
Price break the demand zone , indicating seller>buyer and a surge of supply at the level. The price then retrace to the same exact level. Expecting a swing low from fulfilling the remaining sell order at the supply zone.
Note
Not all set up a made for swing low. In this case, the swing low point turn out to be a fakey as it is aligned with another resistance.What to expect ?
Swing low at higher price level
Note
*areNote
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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.