EURCAD SHORT OPPORTUNITY
As we can see, the top short term resistance line has been tested multiple times and has formed a triple top which may be a signal for bearish reversal. Another bearish signal is the fact that it broke below previous support and it is now re-testing it. I am waiting for a bearish candle to close below this zone before entering short. My first target is 1.50507 then 1.48309.
Feel free to comment and Like!
Feel free to comment and Like!
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.