Looking at EURCAD here, i'm seeing a nice potential sell off.
Price has respected our bearish trendline.
We have a nice wick to the 61.8% retracement, which is also a key price level @ 1.5000 to be looking at.
I'm looking at the 127.2 extension as our downside target for a take profit, which coincides with another one of our key levels (1.4750).
Pretty basic setup here
Happy trading guys
Price has respected our bearish trendline.
We have a nice wick to the 61.8% retracement, which is also a key price level @ 1.5000 to be looking at.
I'm looking at the 127.2 extension as our downside target for a take profit, which coincides with another one of our key levels (1.4750).
Pretty basic setup here
Happy trading guys