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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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.