EURCAD SHORT.
Overall directional bias looks bullish, however when looking at bigger timeframes (MN/W1/D1) prices seems to resisting local highs as prices is near a previously respected resistance area.
Wait for price to close below and retest 1.55922 creating a new LH.
MINIMIZE RISK . SCALE OUT
MN -
W1 -
D1 -
H4 -
Wait for price to close below and retest 1.55922 creating a new LH.
MINIMIZE RISK . SCALE OUT
MN -
W1 -
D1 -
H4 -
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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.