CHALICE CUP AND HANDLE FORMATION! - MULTIPLE OPPORTUNITIES AHEAD
Cup and handle is a trend continuation pattern and if it is formed at higher time frame,
it is highly significant and in this case, EURCAD will continue its bullish momentum.
There are multiple entries you can take here and in this case; with the highest risk reward are the
i) SHORT opportunity during the course of handle formation.
ii) LONG opportunity from the base of the handle.
Euro continues to dominate the market as the Dollar weakens in few weeks ahead.
This setup is invalid if it breaks the key level - 0.618 retracement of the depth of the cup.
it is highly significant and in this case, EURCAD will continue its bullish momentum.
There are multiple entries you can take here and in this case; with the highest risk reward are the
i) SHORT opportunity during the course of handle formation.
ii) LONG opportunity from the base of the handle.
Euro continues to dominate the market as the Dollar weakens in few weeks ahead.
This setup is invalid if it breaks the key level - 0.618 retracement of the depth of the cup.
Dagangan aktif
Hit TP 1Dagangan aktif
EURCAD SHORT: WAVE 1 to WAVE 2Dagangan aktif
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.
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.