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VladimirRibakov

EURCAD Buy Idea

Short
Euro / Canadian Dollar (OANDA:EURCAD)  
VladimirRibakov  
OANDA:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis EURCAD buy Bullish Patterns Bullish Divergence doublewave bullishconvergence pullbacks
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trendanalysis chartpattern waveanalysis eurcad buy bullish bullishdivergence doublewave bullishconvergence pullbacks
W1 - Double wave down, price reached a critical zone formed by the fibo levels of the cycles, bullish divergence.

D1 - Bullish divergence.

H4 - Bullish convergence, currently it looks like the pullback that we were looking for has happened.

We may now look for more evidences of bullish pressure in order to join the bulls.
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