FX:EURCAD   Euro / Canadian Dollar
52 5
H&S in play, target on chart
Hi Nightwish,
Do you think this target is still valid?
At the moment euro shows some power. Maybe we will visit 1,5 first?
Nightwish tuttojuve
yeah, I do. price created supply zone and I think that further bearish momentum is the next. if you measure retrace of that leg down on daily you`ll see that supply is exactly 38.2 fib, so I assume that this is one nice swing up like V reversal. I expect continuation.
tuttojuve Nightwish
Thank you for your comment NW! Keep it up!
Nightwish tuttojuve
feel free to join our live trading room at artoffx.com . it is free and it is fun. many traders share setups and ideas real time and many come to learn. everyone is welcome.
tuttojuve Nightwish
Thank you for your invitation, I will visit the homepage!
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