Hello Traders!
Here are my thoughts on UCAD
Thoughts:
October 24
As October is coming to end I know that seasonally the dollar
is bullish and the Canadian dollar is bearish in November.
I currently see price rejecting off the means threshold of a
daily bullish order block and creating a swing low formation.
If price breaks the 3rd candles high of the swing low then I will
consider this pair gaining strength.
There are other discount PD Arrays below price which the algorithm
can reach to take more liquidity.
As of right now I am still bearish until we get clear signs of strength.
Bonus: We are also within the Discounted portion of the range we are
working in :D
Here are my thoughts on UCAD
Thoughts:
October 24
As October is coming to end I know that seasonally the dollar
is bullish and the Canadian dollar is bearish in November.
I currently see price rejecting off the means threshold of a
daily bullish order block and creating a swing low formation.
If price breaks the 3rd candles high of the swing low then I will
consider this pair gaining strength.
There are other discount PD Arrays below price which the algorithm
can reach to take more liquidity.
As of right now I am still bearish until we get clear signs of strength.
Bonus: We are also within the Discounted portion of the range we are
working in :D
