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Price is in an uptrend making higher highs & lows. A higher high has been set, & price is currently in the exhaustion period. Will be watching for price to find new support at previous key level structure 1.50500 , where a bullish reversal can occur to make a new higher high off this level.
By Andria Pichidi - April 5, 2019
EURCAD, H4 and Daily
Currency market participants have for the most part been directionally unambitious ahead of the US employment report, which, as always, brings potential to upset the apple cart of global market sentiment.
In Europe the focus remains on Brexit discussions in London, as the EU prepares for a no-deal scenario,...
The pair has completed a harmonic Gartley pattern (pink) and we are predicting the completion of a deep crab pattern (blue. As a part of our strategy we bought the pair at the completion of the Gartley and we are now trading both patterns at the same time. Our target is the 4th leg of deep crab. EUR
Hi, dear FxAzerbaijan Family, we have a new trading opportunity.
As you can see the price has the potential to form a Bat pattern.
- Wait for candlestick confirmation before shorting position (price action).
Hello traders! Today we will talk about EURCAD!
Well, looking at the 4-hour chart, it's trading impulsively bearish, but in the last couple of weeks price has slowed down, which gave us an idea of a completed five-wave drop, where fifth wave was an ending diagonal. regardin EW, when ending diagonals fully complete, usually sharp and impulsive reversals occur and...