EURCAD Breakdown: Major Reversal Incoming? Watch This Setup!
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In this video, we analyze a high-probability trade setup on EURCAD, breaking down key market structure shifts and potential reversal zones. ๐
๐น Massive impulse move into key resistance โ Is a pullback coming? ๐น Breakdown of bullish structure โ Signs of a trend shift? ๐น Key entry & exit points mapped out โ Waiting for confirmation at 1.5595 ๐น Targeting major liquidity zones โ Potential downside to 1.5523, 1.5400, and 1.5155
If price rejects our marked resistance zone, we could see a strong move downward, stopping out euphoric buyers and creating new trading opportunities. But what if it breaks above? We discuss both scenarios and how to react accordingly.
๐ Watch until the end for a full breakdown and trade execution strategy!
๐ฌ Drop your thoughts in the comments! Do you see something different in this setup? Letโs discuss.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.