Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EURCAD SITTING AROUND WHAT!
As we can see, bulls took over after breaking above our major swing high, rejecting our lower massive support zone, and price then traded higher to be rejecting our upper resistance zone.
Meanwhile, and for now, as the price will be approaching our lower support zone, and previous major swing high, then we will be looking for new bullish movements.
Unless price managed to trade again higher, till the upper resistance zone, then we will be looking for new bearish reversal setups on lower time frame.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
EURCAD SITTING AROUND WHAT!
As we can see, bulls took over after breaking above our major swing high, rejecting our lower massive support zone, and price then traded higher to be rejecting our upper resistance zone.
Meanwhile, and for now, as the price will be approaching our lower support zone, and previous major swing high, then we will be looking for new bullish movements.
Unless price managed to trade again higher, till the upper resistance zone, then we will be looking for new bearish reversal setups on lower time frame.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!