U.S. Dollar / Canadian Dollar

USDCAD : Very straight forward setup with this pair today, we can see on the 4H price is building a structure and already formed a base we can work with. With the DXY potentially looking bullish, I will be waiting for price to approach the low before looking for a risk entry long. If we get a structure approach I will filter to the 15M, if not then a simple 1H risk entry works here. EURUSD : Great correlation with the DXY and a potential short on this pair, with the DXY building an earlier entry that could shape up where we see it move to the upside and EURUSD selling off before the larger structure forms. I am waiting for some development on the 1H to see what price builds, and once we have some depth I can filter to the 15M for a risk entry short and time it with how the DXY is positioned for the longs. EURCAD : Very similar price action to EURUSD in terms of where it is positioned and the V shapes present above. With this pair I am waiting for something similar to shape up on the 1H before filtering to the 15M for a risk entry short. Right now we do not have a second base which is fine, it is just a case of waiting to see how price moves throughout today and if we get something price action we can work with.