#EURCAD: Overbought Time To Short🚀
Price has been printing higher highs and higher lows for some time now
As you can see, the price is approaching last month's high which is a psychological level
I believe market participants would be taking profits from the level which would result in a Bearish pullback
The RSI indicator is also in the Overbought territory
I'm Bearish Biased
As you can see, the price is approaching last month's high which is a psychological level
I believe market participants would be taking profits from the level which would result in a Bearish pullback
The RSI indicator is also in the Overbought territory
I'm Bearish Biased
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.