To maximise success, big SL and big TP around previous RS turned support now.
4H PA should see a rise in price but as I don't want to miss such a drop I have taken the trade earlier based on TDI .
However reversal is not yet confirmed, as we stand still above 80 showing crazy potential.
Let's see EOW how it stands.
I'll probably close email@example.com if we get there.
4H is showing continuation of bearish strenght. So let's see.
Monthly, weekly and daily are all going up. Weekly seems out of control and have a lot of room to explode upside.
It seems the little pullback already occurs this week so I don't expect much next week. On the opening on Sunday, I will look to close it right away in order to minimize loss.
- entering a bit too late
- not booking any profit
Anyway, unless a strong bounce occur (I doubt it will happen), I suspect EURCAD will either consolidate or breakthrough north.