EURCAD Update from june the 13th ( today 8th July
Morning Godal Member's, Traders and Aspiring Traders . Todays shared post is on .
Pair : EUR/CAD
Time-Frame - Daily
Biased - Bullish
On this pair price action has reached a major support trendline on the daily timeframe but was bouncing between and strong support / demand zone and resistant/ supply zone , this resulted into price action consolidating between the two zone .
Below this posted analysis you can see my predication based on this has followed through and now I will be waiting for a break above the resistant zone for a retest and continuation and if this also takes place the major counter daily ( BLUE ) trendline will be broken which could result in a major trend reversal.
If personal entry criteria presents itself I will be taking a trade to the upside.
Pair : EUR/CAD
Time-Frame - Daily
Biased - Bullish
On this pair price action has reached a major support trendline on the daily timeframe but was bouncing between and strong support / demand zone and resistant/ supply zone , this resulted into price action consolidating between the two zone .
Below this posted analysis you can see my predication based on this has followed through and now I will be waiting for a break above the resistant zone for a retest and continuation and if this also takes place the major counter daily ( BLUE ) trendline will be broken which could result in a major trend reversal.
If personal entry criteria presents itself I will be taking a trade to the upside.
Comment:
EURCAD Chart on the 13th of June s3.tradingview.com/s...shots/w/WXV0WBLL.png