EURCAD Long Term Sell
Price has formed a monthly resistance level which aligns with the 1.18 and 1.27 fib extension. On the weekly timeframe, price never hit the 38.2 fib level. I believe that we are headed for a long term sell if we can break key levels to the downside.
Shorter term sell, I believe we are headed to 1.470XX.
Shorter term sell, I believe we are headed to 1.470XX.
Trade closed manually
Closed at 1.4773.
Re analyzing.
Note
Entering for sell.
New target 1.436XX. Due to deeper weekly pullback.
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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.