EURCAD has now a candle closed (4H TF) at the bottom of the bullish trend. As we have anticipated previously, a long entry would be appropriate now with a good R:W. TP1: 1.5038 (180+ PIP) TP2: 1.5167 (280+ PIP) SL1: 1.4760 SL2: 1.4822 Long-term outlook: In weekly timeframe I'm seeing a XABCD setup having the price currently at C location. Therefore, EURCAD is...
Watch the eclipse area in 4H TF for the price action. If retested lower line of the bullish trend and it was rejected you can enter for a short position. Otherwise, If a candle was closed above this line, a long entry would be appropriate. HIGHER RISK TRADE: Long NOW since the CAD is weaker than EUR ATM Long-term outlook: In weekly timeframe I'm seeing a XABCD...