Euro / Kanada DolarıSatış
EURCAD- Sweet Kisses to boths TLs, and then ... Boom!
EURCAD- EURCAR appeared yesterday showing a solid upside momentum, Bollinger Bands had expanded and price broke out the +2-Sigma upper Band.
However, the pair was ranging both sides in previous hours.
The channelling indicates that upper range may signalize a temporary end of the upside momentum, and the Ugly Bearish Gartley formation is confirming this perspective.
It seems reasonable for now, if the upper TL won't be tested, the pair will have a short-term reversal at least to the support trendLine, and I expect with this that is preparing another rally to the upside. So perhaps an "aggressive" Trader can use this setup for the next couple of Hours. Enjoy It, Cheers!
However, the pair was ranging both sides in previous hours.
The channelling indicates that upper range may signalize a temporary end of the upside momentum, and the Ugly Bearish Gartley formation is confirming this perspective.
It seems reasonable for now, if the upper TL won't be tested, the pair will have a short-term reversal at least to the support trendLine, and I expect with this that is preparing another rally to the upside. So perhaps an "aggressive" Trader can use this setup for the next couple of Hours. Enjoy It, Cheers!
Feragatname
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