EURCAD broke downtrend line at 18 Sep 2018 A re-test is possibly finished at 1.5204, 1.52 is a mental level which has been tested several times before EURCAD 4 hours will be back in uptrend proper order again if this upcoming candle close with a bullish confirmation, which showed 50 EMA as Support
Furthermore, parabolic SAR turned to bullish, MACD and 10,20 EMA is going to have a golden crossover
With these bullish signal, we can wait for MA and MACD Crossover confirmation to long or long directly if the bullish candle move beyond 1.53
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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.