EURCAD reached a major resistance level on the 4H timeframe. The market probably will make a false breakout.
Price action created a double top at the channel border that acts as dynamic resistance.
Price action is likely to move down from the confluence zone: the resistance and the channel's border + fibo extension.
We expect a pullback from the resistance level .
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Price action created a double top at the channel border that acts as dynamic resistance.
Price action is likely to move down from the confluence zone: the resistance and the channel's border + fibo extension.
We expect a pullback from the resistance level .
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.