EURCADPair is obviously in accumulation phase for several months now - waiting for correction after a big dip and an uptrend to test defined supply zone marked redShowed decent moves within support / resistance ranges - Strong resistance marked red been tested several times throughout October and and yet to be broken,
Indicators showed a clear divergence to the downside - Plan on shorting after a strong red confirmation candle to challenge the series of peeks shows throughout October
Let me know what your plan is ,
Cheers
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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.