EUR/CAD: big short opportunity +900 pips (Long Term)
Updated
- Price respected demand zone at 1.46000.
- Accumulation formed at supply area then price dropped to demand zone at 1.42400.
- A full retest at minor supply at 1.44000 forming a new lower high.
- Intense liquidity area below the last equal lows at 1.42400.
- We may have a big bearish move to 1.4000 demand zone as a first target grabbing all the liquidity.
- Main target to the major demand zone at 1.34000.
- Accumulation formed at supply area then price dropped to demand zone at 1.42400.
- A full retest at minor supply at 1.44000 forming a new lower high.
- Intense liquidity area below the last equal lows at 1.42400.
- We may have a big bearish move to 1.4000 demand zone as a first target grabbing all the liquidity.
- Main target to the major demand zone at 1.34000.
Note
Wait for 4h closure below 1.43200.Note
- Huge bearish daily closure.- Price reached 1.43300 demand zone.
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