Marenno

$EURCAD Review high R/R trading signal possible

Long
Marenno Updated   
FX:EURCAD   Euro / Canadian Dollar
I do not know why I can not place an idea only about one chart of multiple chart layout, it used to be possible, but now it,s not, please choose a EURCAD to review manually


Interesting situation,

The price is at the support level, which has not been cleared yet and a 4H signal has formed,

The gartley pattern of a larger grade is pointing down, however if the up signal confirms, then the price will possibly overshoot recent resistance till the 1.5300 level, which brings us a high Risk reward ratio trade with a stop loss below 1.4600




here's video link: youtu.be/Siz2YGg_7MU
Comment:
Have checked a possible reversal with RSI

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.