Hello traders:
EURCAD has been moving to the downside as forecast from beginning of August.
We had that confirmed continuation correction, and price has move down impulsively.
What I am seeing now is another correction in the making, and the deeper, larger it forms will give us a better probability on a continuation sell momentum.
I would look to scale in more sell if we get a confirmed correction, still looking for the next lows as the targets.
Thank you
EURCAD has been moving to the downside as forecast from beginning of August.
We had that confirmed continuation correction, and price has move down impulsively.
What I am seeing now is another correction in the making, and the deeper, larger it forms will give us a better probability on a continuation sell momentum.
I would look to scale in more sell if we get a confirmed correction, still looking for the next lows as the targets.
Thank you
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