newbietrader_TZW

Flag pattern formed !!!! opportunity to call long !!!

Long
FX:EURCAD   Euro / Canadian Dollar
Daily
  • Flag pattern or symmetric triangle pattern formed
  • Currently supported by the support trendline ( purple line)
  • MACD shows the exhaustion of the bearish momentum
  • Stochastic indicating the reverse might happen due to the KD line going to cross

What to do now?
  • Long the market immediately or
  • Waiting for confirmation due to currently is retesting the support zone
  • Please do your own proper risk management

Good Luck to all traders!!!
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