EURCAD 07/08/2022 Long

OANDA:EURCAD240

EUR/CADOANDA

Description

⋅ Aug 7, 2022 7:20 PM

Weekly:

False break
Double bottom

Daily:

Bullish M + inv h&s

4H:

Bullish M
2*BOC
We had an impulsive 4h bullish candle, so i don't expect the pullback to be that deep.
1h -68 fib completion allignes with 4h s&d zone + our fib is between 61,8 and 78,6 (golden zone)

Beyond Technical Analysis