USDCAD: Trading @ Monthly Supply ✅
Price has been delivered to the supply with a compression format, which leads me to believe the zone will not hold.
When we see compression delivery, we tend to see a liquidity grab of the area before sells or complete disregard for the zone.
I will be avoiding sells until dollar bulls calm down and liquidity from the order block is taken.
57% of traders are currently net short on this position, don't get caught in the liquidity grab.
Wait and then execute after! ⚠️
When we see compression delivery, we tend to see a liquidity grab of the area before sells or complete disregard for the zone.
I will be avoiding sells until dollar bulls calm down and liquidity from the order block is taken.
57% of traders are currently net short on this position, don't get caught in the liquidity grab.
Wait and then execute after! ⚠️
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