EUR/CAD is currently in a clear bearish trend, consistently forming a series of Lower Highs (LH) and Lower Lows (LL) — a strong indication of ongoing downward momentum.
The most recent candle closed bearish (red), reinforcing selling pressure. This provides a suitable opportunity to enter a short position at the current market price.
Trade Suggestion:
Entry: Sell at market
Stop Loss & Take Profit: As marked on the chart
The most recent candle closed bearish (red), reinforcing selling pressure. This provides a suitable opportunity to enter a short position at the current market price.
Trade Suggestion:
Entry: Sell at market
Stop Loss & Take Profit: As marked on the chart
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.
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.