forexopl

EURCAD - Long Target +2,500 Pips - Weekly

Panjang
FX:EURCAD   Euro / Dolar Kanada
0
Before I begin my analysis, let me emphasis this is a long term play. I am seeing some good confluence setup on EUR/CAD weekly chart. The EUR has been bullish since summer of 2013, against the CAD. Recently, it has made a retracement of 50% of its move (C). At C, we are seeing consolidation, which means Smart Money is loading up at these prices before it moves back up to D; which sees many confluences (outlined on the chart). I will post a daily setup as well, on how to scale into this trade and actively manage positions.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.