Price pretty much overextended for EURCAD.
It reached 361.8 fibonacci expansion and then made a shooting star candle.
Overall EURCAD might make another wave to the upside but before that we might see some downwards movement first towards 1.4900 area.
I will try selling EURCAD if it touch 1.5000
Sell EURCAD 1.5000
Stop loss 1.5045
Take profit 1.4900 (2.2R)
Use only 1-2% risk
Good luck
It reached 361.8 fibonacci expansion and then made a shooting star candle.
Overall EURCAD might make another wave to the upside but before that we might see some downwards movement first towards 1.4900 area.
I will try selling EURCAD if it touch 1.5000
Sell EURCAD 1.5000
Stop loss 1.5045
Take profit 1.4900 (2.2R)
Use only 1-2% risk
Good luck