Eurcadbullishpattern
EURCAD Short Term Buy IdeaH4 - Bullish trend pattern followed by a pullback.
Most recent downtrend line breakout.
Higher highs.
Expecting short term bullish moves to happen here.
H1 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
EURCAD BUY!!EURCAD has been trading inside a rectangle since April this year ! recently the pair tested the support and got pushed upwards ! Having had a failed attempt at getting pushed to the downside by the pivot line of the rectangle , i assume that the pair will be going up till the resistance of the rectangle before it gets pushed back in the pattern . My final Target for this Pair is 1.37400 !
EURCAD UPDATEHello Traders
Here is my view on EURCAD.
From my previous setup i anticipated that price will complete the right shoulder of the inverse H&S before the breakout,
however price did break the Falling Wedge without completing the Inverse Head and Shoulder Pattern, which still validate
the setup.
What is the situation?
Now that price breakthrough the upper trend line of the Falling Wedge indicate bullish price action. I will wait for price
to pullback before i can consider buying this pair.