analyzing CADEUR, instead of EURCAD, I identified this interesting resistance area (support in EURCAD at 0.7305 (1.36893 EURCAD) as a possibility of short (long on EURCAD).
All the Highs indicated on the graph are linked together by a mathematical relationship that leads to the indicated level.
I will look closely at this area looking for areas of weakness in the...
we are at the microwave 4. correction Price can be continue to the support ranges.
For now We are on the support of ma 50 and fibonacci 38.2.
If the stochastic is signaling and the Moving average 50 is not broken, we can see a rise to tmw1 as 3
Welcome to this analysis about CADEUR, we are looking at the 4-hour timeframe perspectives. As I discovered recently CADEUR has completed a very important formation which can be the determining factor in the upcoming times especially when CADEUR continues as expected. As when looking at my chart now we can watch there how CADEUR has formed these two tops...
Indeed. This pair has been doing so for a while anyway, with no evidence of a pivot. We are just continuing with the general trend here. Goals in green, invalidation in red. Not financial advice, do your own research.
Europeans are doing something right. Or is it just the speculators doing their magic? I don't know and it doesn't matter. Undergoing Subwave 4 now, looking for Fib Goals highlighted. Again, none of this is financial advice, do your own research.