FX:EURCAD   Euro / Dólar Canadense
Currently, price action is at the support zone on the 4hr tf. If we look to the Daily, we can see that the market structure is in uptrend.
If we look left on the 4hr tf, we see that this support zone has not been broken/still respects the zone.
If price breaks and retest then the support has becomes a resistance zone . This means price action will be short untill the support of the trendline .

Wait and see how price reacts to that level to determine buy or sell. I personally looks for confirmation patterns/candle to determine my entry.

I would love to hear some feedbacks.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.