EURCAD Multi Time frame Analysis
Hello dear traders!
As you can see EURCAD has broken its long term resistance trend lines upward and is completing the pullback.
we should observe the price behavior and waiting for trigger( candlestick confirmation)
**If you plot the fixed range volume profile from the beginning of the trend line to the breakout point(daily time frame),
you will notice that the price is below the POC(point of control)
which can act as a resistance line for the price. **
**please like and comment!**
As you can see EURCAD has broken its long term resistance trend lines upward and is completing the pullback.
we should observe the price behavior and waiting for trigger( candlestick confirmation)
**If you plot the fixed range volume profile from the beginning of the trend line to the breakout point(daily time frame),
you will notice that the price is below the POC(point of control)
which can act as a resistance line for the price. **
**please like and comment!**
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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.