EUR/CAD (INTRADAY!!) long position oppurtunity
Hello traders,
We had a few things to watch regarding the EUR/CAD, where we start off with the price action and structure.
Structure was build to the upside, wich means we are looking for a possible buy on this pair.
Structure also gave a some nice recovery in the momentum to the upside so we saw a pullback.
Now we wait for the next move to the upside.
How I will be looking at this pair is:
- counter-trendline break and retest needs to be done.
- structure needs to break back above level.
- indicators need to give us the entry signal.
If all the rules are satisfied, we will take the entry.
Have a nice evening!
We had a few things to watch regarding the EUR/CAD, where we start off with the price action and structure.
Structure was build to the upside, wich means we are looking for a possible buy on this pair.
Structure also gave a some nice recovery in the momentum to the upside so we saw a pullback.
Now we wait for the next move to the upside.
How I will be looking at this pair is:
- counter-trendline break and retest needs to be done.
- structure needs to break back above level.
- indicators need to give us the entry signal.
If all the rules are satisfied, we will take the entry.
Have a nice evening!
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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.
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.