Hello, after a series of successful EURUSD trades , today we will look at a very good EURCAD opportunity.
EUR is generally performing steadily for all pairs and we expect a further increase.
A good opportunity is an increase in EURCAD.
On the daily chart we see the momentum from the beginning of this year and the long-term correction that reaches 50% Fibonacci.
There the price found support from which it repelled and now we expect an increase.
1) D1 pin bar from support level
At the same time we have a very good trend of H1
2) Entry by trend
We expect the price to initially reach 1.5474!
In case of a breakdown we can see higher values.
EUR is generally performing steadily for all pairs and we expect a further increase.
A good opportunity is an increase in EURCAD.
On the daily chart we see the momentum from the beginning of this year and the long-term correction that reaches 50% Fibonacci.
There the price found support from which it repelled and now we expect an increase.
1) D1 pin bar from support level
At the same time we have a very good trend of H1
2) Entry by trend
We expect the price to initially reach 1.5474!
In case of a breakdown we can see higher values.
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❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.