EURCAD: Trade Opportunities at Key Support

The price reached a very interesting support zone. You can see how it worked in the past. During the next week, the reversals signals from the support zone will be good for buying. For the exact trade opportunities, we should use 15m-4H timeframes. If the market gives us a false breakout, we will use it for buying as well.

If the price breaks the support zone, it will give us trade opportunities for shorting. Again, the hourly timeframes will be able to give us interesting entry points and workable stops.



Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.