eurcad -- neutral
My bullish mood from the low has turned to neutral. The move up is only 3 waves. Stops should be above 1.4400 to secure a profit.
Price is currently at support. Another 3 wave move up towards 1.4550-600 is possible to complete a larger 3 wave structure from 1.4248 (Y). If today's daily candle fails to close as a bearish piercing, I would favour a continuation higher.
Tomorrow is the BOC announcement.
Price is currently at support. Another 3 wave move up towards 1.4550-600 is possible to complete a larger 3 wave structure from 1.4248 (Y). If today's daily candle fails to close as a bearish piercing, I would favour a continuation higher.
Tomorrow is the BOC announcement.
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.