Get started
UnknownUnicorn207971

EURCAD - breakout time

Euro / Canadian Dollar (FX:EURCAD)  
UnknownUnicorn207971  
FX:EURCAD   Euro / Canadian Dollar
EUR CAD EURCAD nakedtrading nakedforex diagonal LONG short breakout
0
0
eur cad-dollar eurcad nakedtrading nakedforex diagonal long short breakout
- EURCAD is coming to the end of its diagonal and price is soon going to breakout
- a break of the descending trend line will signal a breakout to the upside - but be careful of a fake out
- a break below the ascending trend line could signal a breakout to the downside
- if price breaks out to the upside my first TP profit would be around the 1.500 area and my second target being 1.5400-1.5500
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.