EURCAD possible short based on momentum and overbought
Taking into account the current Price Action, momentum and overbought, there is a high probability of price drop, and the risk:reward ratio is at the level of at least 1:2 and more, depending on the method of entry and target. Definitely an interesting option for short positions.
Remember to invest consicously, pay attention and be aware all the time, have a good Risk:Reward ratio, control your feelings and emotions!
Remember to invest consicously, pay attention and be aware all the time, have a good Risk:Reward ratio, control your feelings and emotions!
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.