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WFFX
Jan 3, 2021 6:42 PM

EURCAD break of corrective phase, looking for bullish movement Long

Euro Fx/Canadian DollarFXCM

Description

A messy chart but I've tried to show key points of what I look for, most importantly is highs and lows, impulsive and corrective phases.

EURCAD one for the weekly watch list, looking for further bullish movement following a recent higher high and break of trend line, need to see a bullish reversal candle stick pattern for entries.
Comments
SwissPips
Interesting!
Kullio
I like this analysis. Sound ideas based on uncomplicated technicals.
Will out in a buy around 1.5542
With any luck, should realise around 150-200 pips.
WFFX
Be interesting to see what it does here
Luke65385
Solid, Probably going to enter a buy around 1.56463
ConsciousFX
This chart is embarrasing
WFFX
@ConsciousFX incorrect, what’s embarrassing is your comment, with no conversation element to it, on an idea highlighting the importance of price action it self, of course you wouldn’t trade with such lines on your chart, but please stick around, you could learn something.
ETCJames
@WFFX, messy chart or clean chart, doesn't matter how someone works, as long as they work well ;)
WFFX
@HadesJames 100% couldn’t have put it better
Davinchiwrld
@ConsciousFX, if you have nothing nice to say, say nothing at all
dc95
@ConsciousFX, Well you were correct in the end... haha
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