USDCAD MASSIVE SHORT INCOMING!

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Price broke down on the 25th creating a huge gap in liquidity (Buyers couldn't get a fill). Those waiting for a retest of the break didn't get a fill as well. Expecting price to ride up & take those orders before further breakdown to daily fvg

As always trade with good risk management

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Refer to my comment in the chart "liquidity taken will exit at 4h fvg above new york high created on 26th trapping early sellers"....Price has now liquidated early sellers by taking out the most recent highs

Now we wait for a breakdown confirmation before entering our setup

Tell me, what is your entry technique, comment below;
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Secured 110pips ahead of the news today & as expected volatility came in, will watch what happens next.

A lot of volatility this week
Beyond Technical AnalysisChart PatternsTrend Analysis

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