EURCAD Bulls Alert: Perfect Buy Opportunity at Key Support

OANDA:EURCAD   Euro / Canadian Dollar
Welcome traders!

EURCAD is showing a potential buy setup, with a strong demand zone and a bullish harmonic Bat pattern completing near the zone. Not only that, but we also have trendline support and the FIB golden level of 61.8 in play.

To trade this setup, wait for a clear confirmation of the pattern, such as a bullish candlestick formation or a close above the trendline support. Place stop loss below the demand zone and aim for the next level of resistance as a take profit.

Don't forget to follow and like this post if you find it helpful, and feel free to leave a comment with your thoughts or questions. Happy trading!


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.