EURCAD 4 Hour Analysis (28 June 2023)
1. Price is in strong supply area
2. We can see the price forming inside candle
3. Also, we can observe bearish stoch divergence
So, based on inside candle breakout we can
enter short trade, also if the inside canle is
breaking from upside, then we need to focus on
the supply area and to check if price crosses the
supply area also.
1. Price is in strong supply area
2. We can see the price forming inside candle
3. Also, we can observe bearish stoch divergence
So, based on inside candle breakout we can
enter short trade, also if the inside canle is
breaking from upside, then we need to focus on
the supply area and to check if price crosses the
supply area also.