USDCAD > Trading Plan Ahead of NFP!!

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Analysis on #USDCAD

the market did not respect its trendline resistance recently posted ideas about it, it is to be expected as I oil market is very strong.

Now ahead of the NFP release I will wait for the market to move down and test my kill zone near 1.2500 which proved to be a very strong level and am expecting to see a reaction around this area.

The Plan.

wait for the market to come and test my kill zone, drop two lower time frames, look for reversal pattern, execute the trade if the rules for entry are met



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Check today's analysis below⠀


>>“ luck is when preparation meets opportunity."
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
chartanalysisChart PatternsnfpSupply and DemandSupport and ResistanceTechnical Analysis

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