yourbelowaveragegamer

EUROCAD 1.61 important to watch and see how it reacts

FX:EURCAD   ユーロ/加ドル
I am not an experienced trader so please do not spend your money by looking at this chart.
These are my own ideas and own ways on how I trade
Sharing my idea to get tips or exchange ideas with others.

For me 1.61 is an important point in EURCAD.
could POTENTIALLY pass the ATH (strong)resistance.
POTENTIALLY confirming a double bottom and continuing to rise (WAIT FOR CONFIRMATION)

I also think there is a high possibility that it does not pass the resistance and goes back towards the 1.50 zone looking for another opportunity to buy and reinvest in EUROCAD.
-More leaning to this scenario seeing how strong the ATH resistance has been in the past years.

New to trading any tips would be recommended.

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