Massive upside potential on EURCAD ⚡
Updated
HTFs - zooming out to the weekly and daily charts to see a clear bullish impulse and price has been correcting ever since for a number of weeks, potentially acting as a bull flag for more upside |
LTFs - essentially treating this as it's own pattern. Descending channels within descending channels and recent lows broken all points to a higher probability of a bullish reversal |
ENTRY - lows broken correctively, patterns within patterns all approaching an area of multiple confluence. I'll be waiting for the market to show me a signal with a move up first; aggressive entry on the first flag. Otherwise no trade for me
LTFs - essentially treating this as it's own pattern. Descending channels within descending channels and recent lows broken all points to a higher probability of a bullish reversal |
ENTRY - lows broken correctively, patterns within patterns all approaching an area of multiple confluence. I'll be waiting for the market to show me a signal with a move up first; aggressive entry on the first flag. Otherwise no trade for me
Comment
Market has given a signal as to direction with a clear bullish impulse. I'll see if this corrects during the Asian session ready for an entry around the London session tomorrow. No need to rushComment
Ideal entry appeared in the night during Asian session while sleeping. Can't get them all
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