FullTimeTrader
Long

EURCAD-ending diagonal at 1.61 fib extension

FX:EURCAD   Euro Fx/Canadian Dollar
617 5 11
Nice confluence of and ending diagonal at the 1.61 fib extension.
This pair is extremely oversold and needs some correction. This is a countertrend trade not suitable for all traders.
BE CAREFUL, tomorrow we have Draghi's speech, better consider this setup after the news.
Regards.

agree
Reply
yes,agree,we have a same chart:
snapshot

and i find some bullish pattern:
snapshot

Bullish morning star pattern
Bullish Engulfing Candlestick Pattern
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Agree! Long from 1.4349
EUR/CAD: 3 possible buy zones based on harmonics and Fibonacci
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Yes, this week we could have a pullback on all EUR pairs. Regards.
Reply
alr14uk FullTimeTrader
Given the carnage in Europe from the Middle East and the closing of borders, I would certainly agree with that.
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