USDCAD: Long-Term Swing Analysis 🇺🇸🇨🇦

Started by OZER, Jan 09, 2022, 04:08 PM

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I dont see how the donchian channel makes any sense: 35:35 see how the price hits the lower bound at the V and O of "Volatility on a multi-year low"? If one would follow the logic, there should be a stop-loss there. But the fact is the market picks up nicely after that! So it would be a waste... Moreover, there's a Hammer-looking candle-stick there indicating a bullish sign, so it runs counter to the logi of the donchian... what's your comment on this?

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