Eurcad is clearly rejecting Trendline resistance, big Engulfing candles as confirmation of Short contracts triggered in that zone, waiting for a retracement to entry or for a Support broken to catch a retest.
Engulfing Candle coming above resistance, price rejected on that area, bullish uptrend, price retraced to grab more liquidity, expected to bounce until next Resistance
Pricce has been making higher highs and higher lows.we are expecting price to pull back to our highlighted area, we are looking for buy entries at that area. On 1 h retest and bullish candlelight
Daily, weekly resistance level key. Retrace Kent is much needed, take short position 1h frame time tren line and support level breakout wait for the price to bounce off from resistance level .
the 2 entry got triggered. Both in profit , TP1 hit, TP2 so close but thinking in closing it Manually.
it has been may be the most exact trade executed this year.
Analysis was published 2 hours before market opened. can check it on the page.
Price is near to the major resistance area . This pair could potentially go down o test the previous support area before going up higher.
61.8 fib + tread line .
Wait for confirmation, use risk management.
Big Rejection from resistance some more Short orders should be still there pending, sitting on 61 FIB , some wicks presented , Bullish micro trend. 2 entry targets: risk Split, Risk Reward Ratio Boosted, double strong support as buy areas . planning in buy the uptrend pullback , back to resistance , price may go lower after gap, so a lower entry is being placed ,...
