The previous EURCAD trade that I open was a successful short. I believe price will retest the level that EURCAD was sitting around before it retested and dropped. To have a reference of what I am referring to, see my other post here:
https://www.tradingview.com/chart/EURCAD/OFfmGi63-Multi-TF-Analysis/
Once you review the previous post, look back at the current chart and notice the subtle reactions that price is having in the recent lows.
Price remains fairly stagnate. I see retest coming most likely sometime next week.
https://www.tradingview.com/chart/EURCAD/OFfmGi63-Multi-TF-Analysis/
Once you review the previous post, look back at the current chart and notice the subtle reactions that price is having in the recent lows.
Price remains fairly stagnate. I see retest coming most likely sometime next week.
Trade active
Two more hours until New York session ends. If price stays at doesn't see much movement within thee two hours we will have an excellent exampleof an Inside Bar formation.
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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.