Hi Traders
We have an opportunity to short EURCAD.
1- Now we are on Daily Strong Supply Zone ( fresh )
2- this zone was a strong support at past and it broken and now becomes a Resistance ( which strengthen our supply zone )
3- According to my FIbo strategy we are now on 261.8 levels which are strong reversal levels
I have 2 TPs shown in chart
Sl: 4H candle close above the zone
We have an opportunity to short EURCAD.
1- Now we are on Daily Strong Supply Zone ( fresh )
2- this zone was a strong support at past and it broken and now becomes a Resistance ( which strengthen our supply zone )
3- According to my FIbo strategy we are now on 261.8 levels which are strong reversal levels
I have 2 TPs shown in chart
Sl: 4H candle close above the zone
Trade closed: stop reached