EURCAD is forming a non-symmetrical M pattern in Daily Time frame.
In 4H price action has shown significant rejection of higher prices. Fib retracement levels of 0.618 and 0.5
interacted with price and gave a sell. Every spike is considered an opportunity.
It is preparing a short.
In 4H price action has shown significant rejection of higher prices. Fib retracement levels of 0.618 and 0.5
interacted with price and gave a sell. Every spike is considered an opportunity.
It is preparing a short.
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+100 pips