VladimirRibakov

EURCAD Buy Idea

Short
OANDA:EURCAD   Euro / Canadian Dollar
D1 - Price reached the bottom of the range, price has created double bottom with bullish divergence. We may now expect further continuation towards the top of the range.

H4 - Bullish divergence on the MACD histogram and moving averages, price has also created higher highs.

Currently it looks like a pullback is happening, we may now look for bullish evidences in the form of candle stick patterns, false breaks, trend line breakouts, etc.. in order to join the buys.
Comment:
This buy setup moved exactly as per our plan and has provided us excellent profits.

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