EURCAD dont miss this sell opportunity
Hi traders:
EURCAD is shaping out very nicely for a potential sell opportunity from the top of the structure.
We see a double top rejection, price is on this larger channel structure move up towards it.
Price action had a sharp move don from that double top, but quickly move back up.
What I like about the last bit of price action is that is it moving back up correctively, potentially forming that 3rd tops.
I like to see a confirmation breakout, then look for lower time frame correction to enter.
Thank you
EURCAD is shaping out very nicely for a potential sell opportunity from the top of the structure.
We see a double top rejection, price is on this larger channel structure move up towards it.
Price action had a sharp move don from that double top, but quickly move back up.
What I like about the last bit of price action is that is it moving back up correctively, potentially forming that 3rd tops.
I like to see a confirmation breakout, then look for lower time frame correction to enter.
Thank you
Note
Note
Look for completion of this structure.
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Publications connexes
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.