EURCAD
Hi dear traders .
a nice long term idea on this pair .
as it it clear the price just rejected by a strong resistance level on monthly time frame .
it seems that price needs to retest the trend line ,so on daily there is a good possibility to set a short position according to the price action .a nice entry trigger will give us a nice short opportunity with high RR ratio .
Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if it was useful .
a nice long term idea on this pair .
as it it clear the price just rejected by a strong resistance level on monthly time frame .
it seems that price needs to retest the trend line ,so on daily there is a good possibility to set a short position according to the price action .a nice entry trigger will give us a nice short opportunity with high RR ratio .
Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if it was useful .
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