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anilmangal
Mar 14, 2016 9:09 AM

EURCAD buy setup.  Long

Euro Fx/Canadian DollarFXCM

Description

This what i am looking for on the EURCAD , if it plays out as shown I will buy , if the down move breaks the low the trade is not valid.
let's see how it goes.
Trade with care
Thanks for your support.

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Breaking the triangle to up side will make a bigger B wave correction.

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Still looks like a buy on breakout
Comments
suttos
do you mean you will SELL the breakout of the down trend or BUY (counter cyclical) the breakout of the down trend?
lemezohaib
he said he will buy from the low if breakout downside and hold the trendline. The setup is for buy then why he sell the breakout of downside! Currently breaks at the downside
lemezohaib
lemezohaib
Waiting for a perfect breakout! Thanks anil for updating the chart!
Dhaval_Bhorania
now it's breakdown, what to do?. . . Should we buy ?
EWChartist
Hi Anil thanks for your work. Ok we can see something different developing on the pair. The movement on this pair is more to the downside and how it is developing.
stevenvillanueva7
did it broke?
radraziel
I agree but I am not sure.
NHTG
Thanks Anil, down move looks good but certainly can't miss the up move if we get it!
Jeffrey_Sucipto
not going to miss this one!
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