#EURCAD 3 Short Zones

#EURCAD 3 Short Zones

TradeYodha
TradeYodha.com

Upper Zone:
a. Cypher completion
b. Daily 200 sma in the zone

Middle Zone:
a. Previous major structure
b. 50% fib confluence with 88.6 of last impulse leg

Lower Zone:
1. 23.6 fib area of overall impulse leg
2. previous structure
3. RSI is more than 50% already
4. 4h 200 sma is close
5. Previous supply area

News/Fundamentals:

24th APRIL : 8:00am EUR German Ifo Business Climate & Eurogroup Meetings
24th APRIL : 2:30pm CAD BOC Gov Poloz Speaks



I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.