This is not a strong prediction but for EURCAD I feel like the buying pressure will be strong enough to stop the sellers from using the price as resistance because the past support lvl for buyers was a very strong lvl in the day time frame.
I think that when price gets to the area of the blue rectangles, selling power will become stronger as that area is a hourly resistance/support lvl.
After that I don't know where the market will go. Can someone please tell me how well I did this?
(this is paper money btw)
I think that when price gets to the area of the blue rectangles, selling power will become stronger as that area is a hourly resistance/support lvl.
After that I don't know where the market will go. Can someone please tell me how well I did this?
(this is paper money btw)
Note
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.