EURCAD potential selling idea
1, double top formed, retesting the neckline.
2, Fib 0.618 combined with EMA 89 in daily chart.
3, still under the trendline, need another drop to form a double bottom for further rally.
Entry zone: 1.533- 1.536
Stop loss: 1.548
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the reverse is coming, in the other way, we can buy it now, SL 1.5175 targeting to 1.5325, RR ratio 1:1, a worthy trade :)
2, Fib 0.618 combined with EMA 89 in daily chart.
3, still under the trendline, need another drop to form a double bottom for further rally.
Entry zone: 1.533- 1.536
Stop loss: 1.548
------------------------------------------------------------------------------------------------------------------
the reverse is coming, in the other way, we can buy it now, SL 1.5175 targeting to 1.5325, RR ratio 1:1, a worthy trade :)
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