Pottential Buy set up on EUR CAD
Updated
We are in progress of C leg (see weekly chart).
In daily chart we have a pullback (combo wave WXY).
In 4 hr we are forming a possible ending diagonal.
So wait for the break of the diagonal.
Buy trigger a close above 1,4488 (4 hr candle).
Stop loss at 1,4252.
Target 1,6500
In daily chart we have a pullback (combo wave WXY).
In 4 hr we are forming a possible ending diagonal.
So wait for the break of the diagonal.
Buy trigger a close above 1,4488 (4 hr candle).
Stop loss at 1,4252.
Target 1,6500
Trade active
Buy trigger a close above 1,4488 (4 hr candle).Stop loss below 1,4200.
Target 1,6500
Trade closed manually
We don't see any significant move only consolidation. No momentum, so we will ignore the set up.
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