EURCAD Lengthy past of rejection

19 במרץ 2018

Inspect the chart's past of the price zone and you will see multiple occurrences of sharp, aggressive price action dating back as far as 2005. There is buildup of high resistance stopped countless attempts and rarely successfully. RSI is also reading that the pair was overbought.

20 במרץ 2018

עסקה פעילה

Currently 65 PIPS in profit from current bearish movement. Will ride it until the stops unless I see signs of weakness!

21 במרץ 2018

עסקה פעילה

Bullish movement is moving as predicted. Currently 185 PIPS in profit.

21 במרץ 2018

הערה

Upon reaching the take profit, I see agree with user Siyandaidude about where price will go after the fall.

30 במרץ 2018

העסקה בוטלה באופן ידני

Traded has been closed early, but still profited about 115ish PIPS. Another idea will be posted for current EURCAD situation.