EURCAD: Your Trading Plan For Today 🇪🇺🇨🇦
https://www.tradingview.com/x/4bvtl2E1/
EURCAD is trading in a strong bearish trend.
After the price set a new lower low lower close on a daily,
it retraced to a key daily horizontal resistance.
To short the pair with a confirmation, monitor a head and shoulders pattern on 1H t.f.
Its neckline breakout - hourly candle close below 1.422 will confirm the strength of the sellers.
A bearish continuation will be expected then to 1.418 level.
Remember, that if the price sets a new higher high, the setup will become invalid.
❤️Please, support my work with like, thank you!❤️
EURCAD is trading in a strong bearish trend.
After the price set a new lower low lower close on a daily,
it retraced to a key daily horizontal resistance.
To short the pair with a confirmation, monitor a head and shoulders pattern on 1H t.f.
Its neckline breakout - hourly candle close below 1.422 will confirm the strength of the sellers.
A bearish continuation will be expected then to 1.418 level.
Remember, that if the price sets a new higher high, the setup will become invalid.
❤️Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.