Cypher Pattern on Eur/Cad + Bullish divergence
Updated
Hello Traders,
Today I will share with you my idea about EUR/CAD.
First of all, check an eye on Crude Oil because we see the drones attack Saudi Arabia Oil's output and be prepared for the next move of Crude because Crude =CAD.
Second, we see a cypher pattern on the Daily chart and a bullish divergence, we can expect an up move and after that a nice correction on psychological level 1.5
Watch my second analysis on the H4 chart for a good buy entry.
Have a great day and don't forget, It's just my vision, make your own actions!
Today I will share with you my idea about EUR/CAD.
First of all, check an eye on Crude Oil because we see the drones attack Saudi Arabia Oil's output and be prepared for the next move of Crude because Crude =CAD.
Second, we see a cypher pattern on the Daily chart and a bullish divergence, we can expect an up move and after that a nice correction on psychological level 1.5
Watch my second analysis on the H4 chart for a good buy entry.
Have a great day and don't forget, It's just my vision, make your own actions!
Note
On the H4 chart, the price movement must do this nice Head and Shoulder to start buying.
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