TradingView
harisonhbn9718
Feb 8, 2023 12:30 AM

EUR/CAD: pull back with hopes by technical analysis Long

Euro / Canadian DollarFOREX.com

Description

Euro/Canadian Dollar may to forming a possible bullish setup that we can to benefit for this short movement in long position. At the moment, there're some signal like RSI that form a bullish divergence forming a lower high, but there're not any signal in price action to entry in against the movement bearish when lead to bullish movement. For the moment, I will hope the confirmation of bullish pattern there. By the contrary, will be that EUR/CAD lead to $1.4410 CAD depending the type of price action we see, it's important to study it the behaviour. As 1.4410 work like resistance to short.



Now, in H4 timeframe I'm looking a long position based the points that I have mark there.

So guys, I hope that this analysis support you!!!

Comments
harisonhbn9718


Short EURCAD in 1.4450 CAD sell order limit and SL in 1.4502 CAD
harisonhbn9718
closed uo manually. We see a now a short setup there
harisonhbn9718
we're excellent in this trade. So, I suggest to extend the target here to 1.4600 CAD and You can to put a break even in the entry price
harisonhbn9718
harisonhbn9718
Were very good in EURCAD
harisonhbn9718
Stop Loss in $1.4341 CADand take profit to $1.4465 CAD
harisonhbn9718
harisonhbn9718
entry to long now
More