Great Opportunity- EUR/CAD buy position

10 dic 2020

Hello traders,



I believe there is a high probability of reversal based on the Time cycle zone (two vertical lines) in EUR/CAD.
This analysis is based on m30 timeframe but I defined the important price levels from H4 as you see in the chart above (dark background).

Time cycle zone shows best time to open position. It means the time period between two vertical lines is the best time to open position (here, buy position). But here, I prefer to wait more and get into the position as price reaches to the end of zone (second vertical line). It might also go upward before reaching to the second vertical line.

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Good luck

P.S. Note that this analysis is my opinion and might be wrong. It is not a trading advice.

10 dic 2020

Nota

for now, this time cycle zone has worked better in EUR/USD :)





But I don't lose my faith, it will work in EUR/CAD too, just needs more patience ;)




let’s see what happens

11 dic 2020

Operación cerrada: objetivo alcanzado

It worked well and as I mentioned that drop in m30 became a false breakout so I'm out here, but it might continue upwards to the Pink horizontal line or more.