EURCAD - Wait for break out
Price is still in 4H time frame correction phase. Being on the Monthly support (pink dashed line) gives a high probability that it's going to break the correction phase and go strong to the North.
Wait for the break out followed by another correction phase. Entry on the break out of the 2nd correction phase to the North.
Wait for the break out followed by another correction phase. Entry on the break out of the 2nd correction phase to the North.
Note
Price is still respecting the channel. No impulse yet.
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.
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.