Welcome to Volume Profile World And Liquidity Analysis. ------ Pair Name : EUR/CAD Time Frame : 4hrs / Daily / Weekly Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map ------ ➕ Key Technical / long Side's Type : Mid Term Swing ——————————— ✔️( Reasons ) ———— Bullish Break 1.45800 Area Reasons
- Major Turn level - LVN Visible Range - Channel Break Out - fixed Range lvn - 6 M low / 9 M low
Bearish Reversal Ultra High Volume Area Poc / Visible Range 1.47500. Major Turn level
Bearish Reversal Ultra High Volume Area Poc / Visible Range 1.50000 . Major Turn level
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what you're seeing on your chart is nothing but a re--test of resistance around 1.456000., without a convincing brake and consolidation above., SELL this pair down to the base around . 1.417000
Buzer
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@olumayowa64 yes there's also a chance that it could fall because of OIL
GoldenEngine
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@Buzer, yes agree but after break out. . bullish movement high chance
1.417000