keepit simple .i will be looking for a retest to continue to the upside
price is currently at a strong area of resistance on 4h // however i spotted a flag which signifies a continuation .so a safer setup will be to look for a simple break and retest for a continuation of the bull run
price is trading in corrective phase in a descending expanding triangle .. will wait for the retracement to be done and will look for entries on the trendline
NICE INTRADAY SETUP.. PRICE IS CURRENTLY TRADING AT STRONG SUPPORT ON THE 1HR
price is currently at support but the euro is still weaker than the cad making this bear market a very strong one .i am expecting a retracement to somewhere around the trendline before a continuation of the impulsive move
might look for potential setups at the right shoulder or a break and retest of the neckline.my overall bias still remains bearish .
i am still bearish on this pair . i will be looking for a possible re entry if price plays out as i have planned . if not then ill just react to whatever price does . i am a very patient and reactive trader .
two possible moves to look out for . although i am not looking to trade this pair however these are very good setups to look out for . a quick turnaround from the resistance zone or a break and retest of the resistance zone
there might be another opportunity to hop on the bandwagon from this level !