Price make a nice bounce from the bullish channel pattern, and also make a nice confirmation for took a trade on it. Always remember to took a trade with your own money management strategy !!!
Confluences:
1:Daily Chart Trendline Breakout
2: Daily Chart Bullish Engulfing Candle
Entry:
An entry in the early hours of Friday Morning (Before London Session) is best. Trade will run for 2-3 day or until target is reached. Whichever comes first.
Summary: EURCAD is in a strong down trade on the Higher time frame such as the monthly and Weekly. This is...
Eurcad has touch my 4 hr trendline as well as touch the resistance level it has also created a new low for the daily
I think we should be going up from this point
Also due the the fact that the weekly is on and up trend and we are nearing the end of the week
EURCAD Projection show a harmonic pattern, the Cypher. The last wave, C to D, seems to be a ABCD pattern with a flat correction between B and C. For entry on this setup we have an other harmonic pattern, the small one,
Luck is a part of this game,
Goodluck
