NikaJourney

Big Retracement Coming Then Continuation

FX:EURCAD   Euro / Canadian Dollar
EURCAD doesn't seem like it, but its been consolidating for a really long time. So this meltdown was bound to happen since it still respected an overall bearish trend. But here has been no major retracement and the RSI even on the weekly is screaming it's overdue. So here are the TPS:

BULL TP:
  • 1.479038
  • 1.47998
  • 1.48805

This set of TPs will start from the 3rd bull TP
BEAR TP:
  • 1.47998
  • 1.47638
  • 1.46054
  • 1.44712
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.