THE BEAR GOING TO DIVE !!
GOOD DAY TRADERS
THIS IS MY ANALYSIS ABOUT EURCAD.
I think this is the best time for the BEAR.
1. Price near strong resistance.
2. Price near monthly trend line.
3. Price already retest.
4. Possible double top pattern in 4 hr time frame.
So this what i'm thinking.
I'm going SHORT in this pair.
Entry : Around 1.60900
Stoploss : Around 1.61500
Take Profit 1 : Around 1.58900
Take Profit 2 : Around 1.57500
Take Profit 3 : Around 1.55100
U'r very welcome to give a comment.
DISCLAIMER ON
THIS IS MY ANALYSIS ABOUT EURCAD.
I think this is the best time for the BEAR.
1. Price near strong resistance.
2. Price near monthly trend line.
3. Price already retest.
4. Possible double top pattern in 4 hr time frame.
So this what i'm thinking.
I'm going SHORT in this pair.
Entry : Around 1.60900
Stoploss : Around 1.61500
Take Profit 1 : Around 1.58900
Take Profit 2 : Around 1.57500
Take Profit 3 : Around 1.55100
U'r very welcome to give a comment.
DISCLAIMER ON
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.