After a great trade, catching a big down move (click the link on the chart) price is now testing the lower bond of a larger degree correction. We should now be patient and wait for price to break above the wedge pattern it' been moving in for a while. If price breaks above, we should watch for a buy setup and go long with EURCAD.
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Price has broken above the wedge pattern and it's now retracing. We should now watch for a buy setup
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Price is heading as expected to the upper bond of the corrective structure. If we have a breakout above this trendline we should keep an eye for a buy setup before buying.
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Price has more room to the upside but we might have a small retracement before going up. That's another good buy opportunity