EURCAD @ Fib 0.5

7月2日

After a significant rise, it seems that now is the time for a correction, supported by the candle shape which is starting to shrink.
A correction can be confirmed if the H4 candle shows a bearish candle and breaks the mother candle.

Sell Stop: 1.47391
SL: 1.47671 (28 pips)
TP: 1.46691 (+2.5)

7月3日

註釋

Move SL: 1.47111 (+1)
I see some rejection, the price could rise again in the support area,
and if measured with Fibonacci, there is a 0.618 ratio there,
even though our main target is for the price to close the gap.