EURCAD – Double Confluence Zone!

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EURCAD is approaching a strong intersection where the upper bound of the rising wedge meets the daily supply zone, while also sitting in an overbought area.

This confluence creates a high-probability reaction zone.

As long as this intersection holds, we will be looking for short setups, expecting sellers to step in and push price lower.

⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

📚 Stick to your trading plan regarding entries, risk, and management.

Good luck! 🍀

All Strategies Are Good; If Managed Properly!
~Richard Nasr

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.