H1 - Bullish trend pattern Currently it looks like a pullback is happening Until the strong support zone holds I expect the price to move higher further after pullbacks.
H1 - Downtrend line breakout. Bullish convergence. Currently it looks like a pullback is happening. Until the two strong support zones hold my short term view remains bullish here.
H4 - Bullish trend pattern. Strong bullish momentum. Until the strong support zone holds I expect the price to move higher further after pullbacks.
H4 - Bullish trend pattern. Currently it looks like a pullback is happening. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
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#eurcad broke 1.4940 resistance area of 23rd March. Demand zone for long 1.4700-4630. Stop loss: 1.4600, Target: 1.5050.
EURCAD analysis: Buy zone and tp1, tp2... wait and follow for next TPs. Follow, like, and or request symbol analysis. Observe the money management and the stop loss.
1.3290 strong resistance broke. 20th september daily absorption bar. demand zone 1.3290-75, stop loss 1.3230, target: 1.3440.
#EURCAD, eurcad weekly accumulation for medium to longer long. Initial target 1.3890 next target 1.4080 that will take time.
#eurcad, until hold support 1.3400 may expect forming triple bottom, 1.3560 need to break for confirmation.
12th May 2021 formed lower low as 1.4590. 13rh May daily bar did not break lower low while broker higher high of previous bar high. pair forming accumulation phase till last month. Split your risk into two positions first from 1.4630 with half risk, second from 1.4720 with remain risk. Trend is bearish so use low risk in counter trend.