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TheTradersAvenue
Apr 3, 2023 8:33 AM

EURCAD Bulls Alert: Perfect Buy Opportunity at Key Support 

EUR/CADOANDA

Description

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!
Comments
hazn121622
I agree. This is what I believe.

Setupsfx_
Detailed analysis
DAY_PROFITS
Agree nice analysis here.
linofx1
Perfect idea 🔥
WalterMoon
Very nice analysis, good job done!
SpartaBTC
A similar pattern was formed as on the trading pair USD/CAD
AkhiPrajapati
interesting pattern
DeGRAM
Well done mate
FOREXN1
I agree with you Idea here mate
TheTradersAvenue
@FOREXN1, thanks mate
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