EURCAD 4H Outlook | Bearish
The EURCAD pair is in a range on daily timeframe between:
- Resistance range around 1.5174
- Support range around 1.48824
On 4H timeframe it has formed a harmonic pattern with a slight divergence in making.
I am biased for a bearish leg.
Trade Plan:
Waiting for break of Point B.
Placed a sell stop order around 1.50813 with stop loss above Daily Resistance 1.51862
- Resistance range around 1.5174
- Support range around 1.48824
On 4H timeframe it has formed a harmonic pattern with a slight divergence in making.
I am biased for a bearish leg.
Trade Plan:
Waiting for break of Point B.
Placed a sell stop order around 1.50813 with stop loss above Daily Resistance 1.51862
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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.
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.