im currently looking for a short on EURCAD,
my overall idea is to go short cause the price is retesting a previous level.
we formed an small range below the strong level,
once we see a confermation (B&R ok the range to the downside)
we can enter a short trade aiming for the previous low,
with possibilities of runners since we have a downtrend
with a clear zone on the left on the bigger timeframe.
my overall idea is to go short cause the price is retesting a previous level.
we formed an small range below the strong level,
once we see a confermation (B&R ok the range to the downside)
we can enter a short trade aiming for the previous low,
with possibilities of runners since we have a downtrend
with a clear zone on the left on the bigger timeframe.
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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.