InsideMarket
Long

EURCAD - 4th wave correction for a bearish ending diagonal

FX:EURCAD   Euro / Canadian Dollar
EURO/CADDIE comes all the way down and seems to reach a bottom for now.
MACD indicator shows divergence of movement: prices go down and the indicator goes up.

About the ending diagonal , it is expected five waves down projecting price to $1.39~ in medium-term. All this bearish movement since late August is a consolidation. When it comes to an end, it may trigger some serious bullish momentums.

Happy trading!

____________________________
For TRADE SIGNALS and TRAINING please, send me a Private Message, Email ((insidemarketfx@gmail.com)) & Skype (@insidemarket168)
Comment: Analysis still valid. Price lays at support (not on chart) similar to the falling wedge at EURUSD.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out