EURCAD: A decision to be made

Mar 12

On the daily chart, we are near the equilibrium of the last 4 months, lurking just below the Fair Value Gap from 30/11/23.



I think that if the price goes higher, it is likely to come back for this nice liquidity of three equal 4H Lows giving a good short opportunity.

Else, if the price goes lower first and takes this level out, it may be viable to buy as the long-standing Daily FVG is just too good of the liquidity level to pass up.