TREND CYCLE, PRICE ACTION, NOW MOMENT

Atualizado
EURCAD

Market formed a falling wedge with the series of swing highs and swing lows.

The resistance of the falling wedge is break followed by shift of market structure (break of previous 4Hour swing high)

What is the psychology behind?

Is that buyers are willing to take the price of EURCAD to higher prices.

For now moment sell at current price and stop level above ZONE 01 to around ZONE 02

For long term trade GO LONG as price reach ZONE 02 and stop level below it.

STAY UPDATE

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Nota
Done with SHORT trade, you can go LONG and stop below ZONE 02
Trade fechado: stop atingido
Chart PatternsTrend Analysis

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