Revisión Histórica sobre compra USDCAD

Oct 21

1. Uptrend is identified in 30 Min.
   
2. Last Swing from London opening is evaluated.
   
3. We evaluate higher liquidity zone remaining from London zone.
   
4. Common zone of both previous points is denoted, possible buying zone.
   
5. A possible profit zone is estimated according to percentage extensions with Fibbo.
   
6. It is evident that the price is moving away from the zone of higher demand, heading to the previously exposed zone of the London Market.
   
7. There is a moment of return to the liquidity zone, once the breakout is confirmed, it was expected to place purchases up to the 1.68 Fibbo point.
   

During this trade we mainly use the liquidity tools Fixed Range Volume Profile and Anchored Volume Profile..
These tools allow us to measure buy and sell positions not in terms of time, but in terms of price, which allows us to better analyze prices actively, and to identify areas of overbought or oversold positions, which will be exploitable at some point in the future due to the liquidation of remaining orders.
In addition to this, Fibbo is used to structurally analyze the movements and possible market returns to price.