FullTimeTrader

EURCAD-Convergence Diverge + EW Correction ABC

Long
FX:EURCAD   Euro / Canadian Dollar
4
This idea is pure technicall because fundametally the Euro is still weak, sometimes we must decide between these two opposite reasons.
According to my previous idea:
There's a good chance now for the correction ABC to be completed.
There are some good reasons for that:
-Price is bouncing at the daily and weekly trendline
-Price is oversold
-Nice Convergence-Divergence area (price is making a convergence on D1 and a divergece on H4)
There are 2 clear targets
Happy Trading

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