EURCAD: Potential weekly trade
Price seems headed for an AB=CD completion down.
For this trade to be valid, price needs to stay this whole week under 1.41559.
Once that's done, we can expect it to travel as forecasted and reach either of the targets in the specified time.
If it doesn't then we might see a reversal, but for the time being I suggest short.
For this trade to be valid, price needs to stay this whole week under 1.41559.
Once that's done, we can expect it to travel as forecasted and reach either of the targets in the specified time.
If it doesn't then we might see a reversal, but for the time being I suggest short.
Trade closed: stop reached
Profitable trade.
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🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
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Related publications
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.