Looking for USDCAD to push lower and activate orders underneath the daily swing low that is highlighted.
To have an entry we are looking to approach and take low in a corrective manner, to form the first 15minute swing low after taking the zone and then to push down one last time to activate more buy orders before pushing up to the high of the first...
Trade Sequence:
1. Wait for price to take out the low highlighted
2. Once the low has been taken out look for a 15minute timeframe divergence between the candlestick chart and the CVD (should be a bullish divergence with the CVD going upwards)
3. Once the divergence has occured look for an entry on from a 1 minute shift in market structure.
SL = Below the low...