EURCAD accumulating, LONG on buy and retest
#EURCAD (1H):
As expected, the current region saw the price accumulating in a small range, right above the daily descending wedge top. A break and retest to the upside is what i'm looking for. A further confluence would be the previous H&S retest, which hasn't occurred yet.
As expected, the current region saw the price accumulating in a small range, right above the daily descending wedge top. A break and retest to the upside is what i'm looking for. A further confluence would be the previous H&S retest, which hasn't occurred yet.
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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.