EURCAD Textbook pullback
EurCad is creeping up for the textbook trend, and the pullback being right at the .618 fib retracement.
Don't take the trade the second it reaches the level (if it retraces), look for rejection and certain candlestick patterns.
In the long future, I would like for price to pull all the way down to the 0 level (bottom) of the fib, and make a double bottom and look for longs, after the 7 years of being bullish.
Don't take the trade the second it reaches the level (if it retraces), look for rejection and certain candlestick patterns.
In the long future, I would like for price to pull all the way down to the 0 level (bottom) of the fib, and make a double bottom and look for longs, after the 7 years of being bullish.
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