pkealoha76

EURCAD Position Trade / Directional Bias

Short
OANDA:EURCAD   Euro / Canadian Dollar
I was positioned to go long on a swing trade but took a step back and did a top down analysis from the weekly chart. We’re above equilibrium and the liquidity lies on the short side. The market is at a premium currently. Price delivery could lie on the sell side.

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.