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mirditapaul828

Falling Wedge - EURCAD

Long
Euro / Canadian Dollar (FOREXCOM:EURCAD)  
mirditapaul828  
FOREXCOM:EURCAD   Euro / Canadian Dollar
Trend Lines Wedge EURCAD Falling Wedge Bullish Patterns EUR CAD forexsignals forextrading
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trendline wedgepattern eurcad fallingwedge bullish eur cad forexsignals forextrading
Beautiful opportunity to go bullish on EURCAD.

This will be a position trade. I am expecting at the very least 500 pips before i sell.

Reasons:
- Bullish falling wedge coming to a tight squeeze
- MACD blue signal crossing upwards gaining momentum
- RSI not very overbought not oversold
- Moving averages are not oscillating in waves very frequently, signaling a breakout
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