Let's go EURCAD!!!
Getting squeezed right now on the Hourly chart. Oh it is definitely ready to pop. Now, I don't know when, but it could be during the Trade Balance announcement or maybe later, just to give a little tease.
It is always difficult to predict these, but if my drawings on the chart are right, we have broken the downward trend line on the 4 Hour chart. If this will follow the technicals, then I would like to see a shot upwards.
You can enter some BUY or SELL orders on those levels that I have indicated with blue lines. but I suggest to put Stop Losses that are comfortable for you.
Be careful and keep an eye on the price action!
Getting squeezed right now on the Hourly chart. Oh it is definitely ready to pop. Now, I don't know when, but it could be during the Trade Balance announcement or maybe later, just to give a little tease.
It is always difficult to predict these, but if my drawings on the chart are right, we have broken the downward trend line on the 4 Hour chart. If this will follow the technicals, then I would like to see a shot upwards.
You can enter some BUY or SELL orders on those levels that I have indicated with blue lines. but I suggest to put Stop Losses that are comfortable for you.
Be careful and keep an eye on the price action!
Comment:
Boom!