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Trader_Dale
Dec 18, 2023 3:47 PM

EUR/CAD continue with the Downtrend 👇 

Euro Fx/Canadian DollarFXCM

Description

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On EUR/CAD is nice to see strong sell-off from the price 1.46580 and 1.47090 , there are nice to see strong volume area....

Where is lot of contract accumulated...

I thing that sellers from this area will be defend this short position...

and when the price come back to this area, strong sellers will be push down the market again...

S/R zone from the past + Downtrend + Weekly Strong volume area is my mainly reason for this short trade....

Happy trading

Dale
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