After a long-term Cup and Handle pattern, EURCAD is ready to take off higher. For the time being we see that our pair is moving charmly in an ascending channel. 4 touches on the support already have confirmed its toughness and now, along with other confluences such as Fib levels, we will rely on it to place our longs on the next touch of the support.
Good luck!
Good luck!
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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.