It's a buy on EURCAD!
Given the last three candles, among other reasons, I think it's likely that the price will break out and start a powerfully ascending trend which will result in the completion of cup and handle pattern here.
My suggestion: wait until the breakout and THEN buy.
(on hourly time frame there are signs that it has already started it but wait for more confirmations)
My suggestion: wait until the breakout and THEN buy.
(on hourly time frame there are signs that it has already started it but wait for more confirmations)
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.