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EURCAD - In the supply zone. Short!
Euro / Canadian Dollar
Short
EURCAD - In the supply zone. Short!
By PositionedFX
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Jul 11, 2024
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Jul 11, 2024
EURCAD is in the supply zone, in an overall bearish weekly timeframe. We are looking at a potential 1:3 R/R with position trading.
Trade Idea:
- Watch for a bearish candlestick price action on a lower timeframe
- Once entered, SL should go above the highs
- Targets: 1.42899
What do you guys think?
Goodluck and as always, trade safe!
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