AdamHong
Short

EURCAD: Sell at the Confluence of 0.618RET and 2.618REXT

FX:EURCAD   Euro / Canadian Dollar
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The 0.618RET of prevous deciline is at about 1.522 and the 2.618REXT of previous drop is at 1.515.
Meanwhile the Supply Zone also works at 1.516-1.522 levels and the previous high point is a resistance.
Additionally, the RSI has been divergent already.
So it is good to sell at 1.516-1.522 levels when price action gives signals in the PRZ.
SL: above 1.533
TP1: 1.482
TP2: 1.460
TP3: 1.419 and further more
Trade active
Comment: Very nice, 700 pips were taken.
少则得,多则惑。
Less is more, slow is fast!
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