EUROCAD 1.61 important to watch and see how it reacts
I am not an experienced trader so please do not spend your money by looking at this chart.
These are my own ideas and own ways on how I trade
Sharing my idea to get tips or exchange ideas with others.
For me 1.61 is an important point in EURCAD.
could POTENTIALLY pass the ATH (strong)resistance.
POTENTIALLY confirming a double bottom and continuing to rise (WAIT FOR CONFIRMATION)
I also think there is a high possibility that it does not pass the resistance and goes back towards the 1.50 zone looking for another opportunity to buy and reinvest in EUROCAD.
-More leaning to this scenario seeing how strong the ATH resistance has been in the past years.
New to trading any tips would be recommended.
dont forget to comment like and subscribe and turn on bell notifications to keep updated lol
These are my own ideas and own ways on how I trade
Sharing my idea to get tips or exchange ideas with others.
For me 1.61 is an important point in EURCAD.
could POTENTIALLY pass the ATH (strong)resistance.
POTENTIALLY confirming a double bottom and continuing to rise (WAIT FOR CONFIRMATION)
I also think there is a high possibility that it does not pass the resistance and goes back towards the 1.50 zone looking for another opportunity to buy and reinvest in EUROCAD.
-More leaning to this scenario seeing how strong the ATH resistance has been in the past years.
New to trading any tips would be recommended.
dont forget to comment like and subscribe and turn on bell notifications to keep updated lol