EURCAD - Wait For The Bulls 🏹
Hello TradingView Family / Fellow Traders,
On Daily: Left Chart
EURCAD has been bearish but it is currently approaching a robust support zone so we will be looking for buy setups on lower timeframes.
On H4: Right Chart
📈 For the bulls to take over, we need a momentum candle close above the last major swing high marked in red.
📉 Meanwhile, EURCAD would be bearish short-term and can still trade lower inside the daily support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
On Daily: Left Chart
EURCAD has been bearish but it is currently approaching a robust support zone so we will be looking for buy setups on lower timeframes.
On H4: Right Chart
📈 For the bulls to take over, we need a momentum candle close above the last major swing high marked in red.
📉 Meanwhile, EURCAD would be bearish short-term and can still trade lower inside the daily support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trading Made Simple; and Rule-Based
RichTL.com
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RichTL.com
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Best Crypto Exchange
coincall.com/r/thesignalyst
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