EURCAD 1.532342 + 0.56 % LONG IDEA

Updated
Good Day Everyone

Here's an idea on the EURCAD pair looking at it from the 4H chart, the pair is currently trading in a pennant formation which might be signalling continuation to the base of the ascending channel but looking at the fundamental of both currencies looking for the EUR to gain some traction against the CAD but it could go either way so the signal will be in effect depending on the breakout of the pair from structure among other thing .
lets see how it goes...

Good luck and happy trading everyone


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Still waiting for that breakout
Ascending ChannelbreakouttradingChart PatternscontinuationcontinuationpatterncontinuationpatternsTechnical IndicatorspulemokhothuTrend Analysis

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