EURCAD gonna FLY 🚀
LONG trade analysis on EURCAD.
Graph is looking bullish to upper trendline. On the chart are clearly seen 2 consecutive bullish cypher patterns meaning that price will rise this time too.
But right now i expect small price drop to support area (due CAD price rising in future days), which was many times hard to break in the past as you can see on the chart.
So you can take this analysis as buy for long term with larger stop-loss, or sell on short term with small stop-loss.
Trade idea is also shown on MACD and RSI indicators.
If you liked this idea or if you have your own opinion about it, write in the comments.
Graph is looking bullish to upper trendline. On the chart are clearly seen 2 consecutive bullish cypher patterns meaning that price will rise this time too.
But right now i expect small price drop to support area (due CAD price rising in future days), which was many times hard to break in the past as you can see on the chart.
So you can take this analysis as buy for long term with larger stop-loss, or sell on short term with small stop-loss.
Trade idea is also shown on MACD and RSI indicators.
If you liked this idea or if you have your own opinion about it, write in the comments.
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.