#EURCAD 3 Short Zones
@TradeYodha
TradeYodha.com
Upper Zone:
a. Cypher completion
b. Daily 200 sma in the zone
Middle Zone:
a. Previous major structure
b. 50% fib confluence with 88.6 of last impulse leg
Lower Zone:
1. 23.6 fib area of overall impulse leg
2. previous structure
3. RSI is more than 50% already
4. 4h 200 sma is close
5. Previous supply area
News/Fundamentals:
24th APRIL : 8:00am EUR German Ifo Business Climate & Eurogroup Meetings
24th APRIL : 2:30pm CAD BOC Gov Poloz Speaks
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
@TradeYodha
TradeYodha.com
Upper Zone:
a. Cypher completion
b. Daily 200 sma in the zone
Middle Zone:
a. Previous major structure
b. 50% fib confluence with 88.6 of last impulse leg
Lower Zone:
1. 23.6 fib area of overall impulse leg
2. previous structure
3. RSI is more than 50% already
4. 4h 200 sma is close
5. Previous supply area
News/Fundamentals:
24th APRIL : 8:00am EUR German Ifo Business Climate & Eurogroup Meetings
24th APRIL : 2:30pm CAD BOC Gov Poloz Speaks
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.