Euro/Canadian Dollar forming a bullish crab harmonic pattern. So, in this 2nd analysis on Euro/Canadian Dollar showing up a bullish harmonic pattern that we could to find up good opportunities to entries to long position.
Maybe guys, this it's the H4 timeframe and the chart clean how the market structure look. To discuss, Euro break out this bearish trend line and right now, we see a new lower high, also, as I saw, we could to find up good entries to long position in this trade.
And making this deep analysis, in Daily, we see that Euro can to find up a higher point in the 0.618% as we see now.
So guys, Euro it's look optimistic in front of Canadian Dollar based the global news of negotiations peace and Euro pars it's find up strengthen in that news.
This it's my 2nd analysis on Euro/Canadian Dollar. For reference, goes to my previously and first analsyis on EUR/CAD in the link to related idea and click on.
Maybe guys, this it's the H4 timeframe and the chart clean how the market structure look. To discuss, Euro break out this bearish trend line and right now, we see a new lower high, also, as I saw, we could to find up good entries to long position in this trade.
And making this deep analysis, in Daily, we see that Euro can to find up a higher point in the 0.618% as we see now.
So guys, Euro it's look optimistic in front of Canadian Dollar based the global news of negotiations peace and Euro pars it's find up strengthen in that news.
This it's my 2nd analysis on Euro/Canadian Dollar. For reference, goes to my previously and first analsyis on EUR/CAD in the link to related idea and click on.
Note
We're ok in this trade. Also, I just recommend to down the target to $1.4016 CAD.The Daily analysis speak us that we're in this correction
We're in profit. the only update it's down the target to $1.4014 CAD.
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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.