This is the same EURCAD long opportunity but from a 4hr chart.
Potential entry zone at 50% retracement of current swing high/low. See daily chart for analysis.
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fxcoach.tv
Potential EURCAD long setup:
Opportunity:
Price is finding support at the 800EMA, but might dip lower down to retest the previous support. Look for long opportunities on lower timeframes (4hr & 1hr).
Entry:
Look to enter long at a 50% retrace from most recent swing low to swing high (around 1,4280) OR wait for price to retest swing around 1.4080. This is the...
