EURCAD on the 0.618 test 🦐
EURCAD on the 4h chart is a bearish trend.
The price after the last leg has tested the 1.45500 and moved in a slow retracement to the 0.618 Fibonacci level at the 1.46500.
The prices trading in a counter channel and according to Plancton's strategy IF the market will test the resistance and provide us a sign of inversion we will consider a nice short position.
The price after the last leg has tested the 1.45500 and moved in a slow retracement to the 0.618 Fibonacci level at the 1.46500.
The prices trading in a counter channel and according to Plancton's strategy IF the market will test the resistance and provide us a sign of inversion we will consider a nice short position.
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