eurcad buy idea
Updated
Let it break below that blue ray line, and then start looking for the structure and patterns to give a buy entry. This one could be ready very soon.
Thank you.
Thank you.
Note
Whether it touches that blue ray line or breaks below it before moving upwards, we shall wait for a convincing push upwards. Then, preferably, a tight flag on either the 15 minute or the 1 hourly chart. The break of such a flag will be an awesome entry for a buy if the rest of the things happen almost the way I anticipate.Note
EURCAD looks different from EURAUD . This one could offer a good long position. We'll wait for a convincing push up from the ray line which is off the weekly charts. Or we'll let a tight 15 minute or 1 hourly flag form once a push upwards happens.It may be ready soon if that ray line holds its ground.
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