Eurcadlong
EURCAD approaching ascending support line | 26 May 2020Price is approaching our ascending support line in line with our 100% extension and 78.6% fibonacci retracement where we could see a bounce above this level. Attached is the written version, do check that out and let us know what you would like to see next!
EUR/CAD looking up 🦐On the daily chart the market recently break and restested the wedge formation and now consolidating below the resistance area in blu.
If it will manage to close above the structure we can look for a nice long position with the first target around the 1.546 area.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.