TradingView
BogdanUng
Sep 16, 2019 3:06 PM

Cypher Pattern on Eur/Cad + Bullish divergence 

Euro Fx/Canadian DollarFXCM

Description

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.
Comments
transparent-fx
from my markup, this is what I will be monitoring
More