歐元 / 加元看多
EurCad
Currently, price action is at the support zone on the 4hr tf. If we look to the Daily, we can see that the market structure is in uptrend.
If we look left on the 4hr tf, we see that this support zone has not been broken/still respects the zone.
If price breaks and retest then the support has becomes a resistance zone . This means price action will be short untill the support of the trendline .
Wait and see how price reacts to that level to determine buy or sell. I personally looks for confirmation patterns/candle to determine my entry.
I would love to hear some feedbacks.
If we look left on the 4hr tf, we see that this support zone has not been broken/still respects the zone.
If price breaks and retest then the support has becomes a resistance zone . This means price action will be short untill the support of the trendline .
Wait and see how price reacts to that level to determine buy or sell. I personally looks for confirmation patterns/candle to determine my entry.
I would love to hear some feedbacks.
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