Eurcad Short
EurCad has reached a resistance zone on the week time frame and has lower R and S pivots.
The 4hr time frame is in downtrend with lower day R and S pivots.
On the footprint we can see buyers absorption , as there was an increase in buying volume and delta but price moved lower.
0.5% risk aiming for 1:1 or 1:2
This is not financial advice. It is my own opinion and analysis
The 4hr time frame is in downtrend with lower day R and S pivots.
On the footprint we can see buyers absorption , as there was an increase in buying volume and delta but price moved lower.
0.5% risk aiming for 1:1 or 1:2
This is not financial advice. It is my own opinion and analysis
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.