EURCAD 2 possible scenarios in my opinion:
So the price is about to reach important zone of S/R and there are 2 options:
1. If we see a reaction from this level: small range, consolidation, wicks, etc. ... I will look for longs with nice RR.
2. A strong closure under the support suggests a bearish move, so I will make entry on the pullback.
IF price makes some weird shit, which is far from what I expect, I will stay away from it.
So the price is about to reach important zone of S/R and there are 2 options:
1. If we see a reaction from this level: small range, consolidation, wicks, etc. ... I will look for longs with nice RR.
2. A strong closure under the support suggests a bearish move, so I will make entry on the pullback.
IF price makes some weird shit, which is far from what I expect, I will stay away from it.
Not
It looks like the second scenario is in play, so a nice 1H pullback to the zone will be nice for a 1:3 short.Emir iptal
Unfortunately EURCAD didn"t gave any opportunity for entry. I was waiting for a bit higher pullback, but that never happened, so I will let this pair free for now :)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.