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newbietrader_TZW

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

Long
Euro / Canadian Dollar (FX:EURCAD)  
newbietrader_TZW  
FX:EURCAD   Euro / Canadian Dollar
Chart Patterns Technical Indicators
1
0
chartpattern indicator
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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