Bullish reversal is likely in EURCAD
EURCAD is presently in downtrend, printing LHs and LLs. However a bullish divergence has been notices on RSI on 1H timeframe alongwith a rising wedge bullish reversal pattern. Entry has been placed above upward break of wedge and previous LH. Suitable SL and TP have been marked on chart.
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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.