Wolf
Short

EUR/CAD In the edge of a decision

FX:EURCAD   Euro Fx/Canadian Dollar
Days ago, it attempted to go down into the trend line but it failed to pass through a support line and created to what it looks like a double bottom .

After that, it broke the trend line , but it returned back to the trend making it a false alarm.

Right now, it is in a place where it can break down or up. If it goes down, it will try to test the double bottom to see if it goes further down. If it goes up, it will at least try to test the nearest resistance.
If orange trend lines are broken, you can go long.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out