EURCAD in demand area from 2014,2017 formed double bottom
EURCAD which is currently in demand area from 01/2014, 07/2014, 06/2017, 09/2017 formed double bottom which shouldn't be left without notice.
Entry above 1,47 if has high volume
TP: 1,5
SL: 1,46
- 1: First bottom
- 2: Newly formed peak
- 3: Second bottom touch
- 4: If this peak trendline is broken with high volume then take long position
Entry above 1,47 if has high volume
TP: 1,5
SL: 1,46
Order cancelled
This pair is going sideways for too long to be a valid double bottom reversal setup. So I am cancelling this pending order sitting at 1.4750
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.