H1 - Downtrend line breakout.
Bullish convergence.
Currently it looks like a pullback is happening.
Until the two strong support zones hold my short term view remains bullish here.
H4 - Bullish trend pattern.
Currently it looks like a pullback is happening.
No opposite signs.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
H4 - Bullish trend pattern followed by a pullback.
Most recent downtrend line breakout.
Higher highs.
Expecting short term bullish moves to happen here.
H1 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
H1 - Bullish trend pattern.
Currently it looks like a correction is happening.
No opposite signs.
Until the two strong support zones hold my short term view remains bullish here.
H4 - Bullish trend pattern followed by a double wave correction.
Bullish hidden divergence followed by continuing divergence.
Until the two strong support zones hold my short term view remains bullish here.
EURCAD :::
The price is located in an ascending channel, which increases the credibility and quality of the channel with appropriate interactions. The next price points are expected to be in the range of 1.35 .
Hello everyone!
Seeing a trend reversal on EURCAD here, on the H1, prices could see a pullback to test the entry which is in line with the 78.6% Fibonacci confluence levels where we could see a bounce here. On the daily and H4 time frame, in terms of market structure, the resistance zones have been broken. I think we could be seeing a lot more upside on EURCAD...
From the strategy we use the market is seem to approach a strong level of support and therefore we expect the price to buy at the opening of the market. We expect to buy at 1.55158, SL 1.54657 and our TP is around 1.57654. We target around 250 pips while we risk around 50 pips and we will continue to minimize our risk as the price continues to move in our...
On EURCAD we have a bullish 5 0 pattern that just formed a bullish gartley at the pattern completion zone. We also have bullish divergence on the Macd and RSI 4hr and hidden bullish divergence on the daily chart.
EURCAD on the daily time frame is getting close to its lower range and from above its getting squeezed by a resistance. This gives the chance on a nice strong upwards break the next days that can give 250 pips
TP: 1.4990
SL: 1.4630
