EURCAD, is at the moment consolidating at the institutional renegotiation zone, I, believe the decision will favor the Bulls for two reasons:
1) price has swept the sell side liquidity already to activate an institutional BUY ORDER
2) price has broken the renegotiation trend line with a shift candle, meaning price is tasty for the buyside liquidity. Entry is now at 75% discount price.
Entry, take profit, and stop loss are clearly marked out on the chat.
GOOD LUCK GUYS!
DISCLAIMER
This analysis might fail due to market uncertainties. Take full responsivity of your capital and manage your own risk!
1) price has swept the sell side liquidity already to activate an institutional BUY ORDER
2) price has broken the renegotiation trend line with a shift candle, meaning price is tasty for the buyside liquidity. Entry is now at 75% discount price.
Entry, take profit, and stop loss are clearly marked out on the chat.
GOOD LUCK GUYS!
DISCLAIMER
This analysis might fail due to market uncertainties. Take full responsivity of your capital and manage your own risk!
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.
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.