Get started
Mahoganirjones

Major Descending Channel on H4/D1 for EURCAD - BUY ALERT

Long
Euro / Canadian Dollar (OANDA:EURCAD)  
Mahoganirjones  
OANDA:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis EURCAD buy channel-reverse channel-break reversalpattern longterm Descending Channel wavetrader patterns
4
0
trendanalysis chartpattern waveanalysis eurcad buy channel-reverse channel-break reversalpattern longterm descendingchannel wavetrader patterns
This descending channel meant you could have been buying at every bottom trend line touch with take profits once it hits the top.
Risky moves were selling from the top to the bottom

VERY close to major support structure area. BIG BUY coming up

DON'T miss this - an UNCOMFORTABLE lot size on this move will go a LONG way in proving that patterns are KING!

"IF YOU DON'T KNOW PATTERNS, THEN YOU DON'T KNOW HOW TO TRADE"
"LEARN YOUR PATTERNS - YOU MUST KNOW YOUR PATTERNS"
--WAVE TRADER
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.