Trading idea on EURCAD A bearish correction pattern has formed. signaling a downward strength
Looking for a continuation of a strong bullish movement for the EU
We are anticipating the market to complete a third touch at the supporting trendline of the falling wedge then, we move in the impulsive, for days if not weeks
looking for sell opportunities here will be advisable
LOOKING FOR BULLISH OPPORTUNITIES ON SMALLER TIME FRAMES
EURUSD shows a strong bullish momentum, having reversed from the long pressure of bear market , one must starting looking for opportunities to go up
After trading with a descending channel for the past two days this is what we can expect 1 A short to the low of the previous day after in respected the upper trend line 2 it broke the trend line and rested it 3 A minor resistance was created
THERE IS A HIGH PROBABILITY OF GOLD TO DROP, RESPECTING DAILY AND WEEKLY ANALYSIS, WE SEE THE BREAKOUT AND RETEST OF A TREND LINE
We have seen the creation of a bullish wedge which recently broke , theres a high probability of the GBP falling