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VladimirRibakov
Apr 12, 2018 1:59 PM

EURCAD Buy Idea Short

Euro Fx/Canadian DollarFXCM

Description

H4 - Looks like special cycle is completing itself, price reached the magnet zone, we have bullish divergence.

If the price moves higher and if we get more bullish evidences in the form of false break and trend line breakout.

We may then start looking for buys expecting the price to move higher until it reaches the 38.2 - 50% fibo retrace zone.
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