EURCAD 18/2/2019
*UPDATE*
Personally still bearish on this pair anticipating this break lower as illustrated strong rejections from small upper TL support my suggestion however as you can see on the chart there are some important/strong key levels we need to see broken before my bias is confirmed. Awaiting price action before taking positions on this pair.
CONFLUENCES I USE
FIBONACCI
TREND LINE
EMA
!!TECHNICAL ANALYSIS KEY!!
GREEN - BUY AREA/ZONE
RED- SELL AREA/ZONE
PURPLE - POINTS OF INTEREST/ AWAITING PRICE ACTION
*UPDATE*
Personally still bearish on this pair anticipating this break lower as illustrated strong rejections from small upper TL support my suggestion however as you can see on the chart there are some important/strong key levels we need to see broken before my bias is confirmed. Awaiting price action before taking positions on this pair.
CONFLUENCES I USE
FIBONACCI
TREND LINE
EMA
!!TECHNICAL ANALYSIS KEY!!
GREEN - BUY AREA/ZONE
RED- SELL AREA/ZONE
PURPLE - POINTS OF INTEREST/ AWAITING PRICE ACTION