BogdanUng

Cypher Pattern on Eur/Cad + Bullish divergence

BogdanUng Updated   
FX:EURCAD   Euro / Canadian Dollar
Hello Traders,
Today I will share with you my idea about EUR/CAD.
First of all, check an eye on Crude Oil because we see the drones attack Saudi Arabia Oil's output and be prepared for the next move of Crude because Crude =CAD.
Second, we see a cypher pattern on the Daily chart and a bullish divergence, we can expect an up move and after that a nice correction on psychological level 1.5
Watch my second analysis on the H4 chart for a good buy entry.
Have a great day and don't forget, It's just my vision, make your own actions!
Comment:
On the H4 chart, the price movement must do this nice Head and Shoulder to start buying.
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