FX:EURCAD   Euro Fx/Canadian Dollar
11 1 5
Dear traders, I'm seeing more bullish signs for this pair...;

Bright-green MA crossed over bright-red MA not long ago & looks like it can go further... ( Bullish .)

Ichimoku displayed a buy-signal a while back (magenta colored arrow pointing up)...

AO/MACD started printing bullish divergence...

RSI is bullish (above it's 50% neutrality level & not in overbought condition); as such, we can keep our focus higher...

All in all, there is a higher probability for the price to push up higher...

There are some cloud-resistances overhead, but they are thin (so price will find it easier to push across)... Though be cautious that the price could still pullback a little at this point...

Best regards.
Aiming to be a "marksman" in scalping & "speculation". As retail traders, we are just "speculating" these markets-volatility in our retail-trading-platforms (E.g. we do not physically owned 100-Lots of Gold nor is storing a thousand-barrels of crude oil)
Filipo1
6 months ago
Hi, it was great for an intraday or maximum 36 hours holding but otherwise I think setups should be based on daily/weekly as lower time frames prove unreliable over time despite the fact they are definitely usefull to refine the entry price allowing a tighter stop-loss eventually.
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