farzancool

farzancool Updated 

EURCAD has now a candle closed (4H TF) at the bottom of the bullish trend. As we have anticipated previously, a long entry would be appropriate now with a good R:W. TP1: 1.5038 (180+ PIP) TP2: 1.5167 (280+ PIP) SL1: 1.4760 SL2: 1.4822 Long-term outlook: In weekly timeframe I'm seeing a XABCD setup having the price currently at C location. Therefore, EURCAD is...

farzancool Updated 

Watch the eclipse area in 4H TF for the price action. If retested lower line of the bullish trend and it was rejected you can enter for a short position. Otherwise, If a candle was closed above this line, a long entry would be appropriate. HIGHER RISK TRADE: Long NOW since the CAD is weaker than EUR ATM Long-term outlook: In weekly timeframe I'm seeing a XABCD...