EUR/CAD UPDATE
EUR/CAD retraced to the 0.312 fib level which is in confluence with the support of the neckline of the H&S formed on the trendline. This comes to confirm a bullish move to complete the pattern of the Impulse correction impulse. We expect this par to go even higher overtime. This is a 1/3.5 RR setup.
MACds are showing bullish environment so this is also another confirmation.
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Trade safe !!
MACds are showing bullish environment so this is also another confirmation.
If you enjoyed this analysis please like and share.
Trade safe !!
Trade active
Trade closed: stop reached
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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.
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.