EURCAD Sell Idea
D1 - Price is moving inside a triangle pattern and is currently nearing the top of it.
H4 - Potential double wave up, we have a critical zone that has formed based on the fibo level of the cycle and the top of the triangle pattern.
We may now expect one more push higher from the current zone towards this critical zone with bearish divergence to form.
We may then look for more bearish evidences in order to join the bears.
H4 - Potential double wave up, we have a critical zone that has formed based on the fibo level of the cycle and the top of the triangle pattern.
We may now expect one more push higher from the current zone towards this critical zone with bearish divergence to form.
We may then look for more bearish evidences in order to join the bears.
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.