1d • Trade Ideas
USDCAD
Coming into the London KTW, we’re seeing price begin to develop after a slow Monday.
As mentioned yesterday, the price action looked like manipulation, and the current narrative is continuing to align with that view.
At the moment, there are no clear signs of bearish intent. Instead, we’re seeing bullish intent following inducements, which supports the idea of continuation.
Right now, I’m watching USDCAD for a break and retest continuation setup. I’m approaching this with a conservative mindset — not looking to be aggressive or set blind limit orders, especially after yesterday’s strong sell-off.
I’ll be waiting for proper confirmation before entering. Jumping into a trade just because it aligns with your bias is never the right approach.
Trading concepts without context will never work.
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USDCAD
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