Symmetrical Triangle on EUR/CAD showing strong upside once breakEUR/CAD has been forming a large Symmetrical Triangel since April 2023.
And now, the price is moving towards the apex.
Once we get a strong breakout above we could see the EUR/CAD rally big time up to EUR 1.5810
First we wait then it breaks!
Buyeurcad
EUR/CAD: BOOM +90 Pips From The Last Idea And New Entry Is ReadyThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURCAD provides a potential reversal from a major support level.EURCAD has arrived at a major support level. This level has held several times in the past and is highly likely to hold again. Price shows strong reversals at high momentum every time it arrived at this level. Therefor i see this as another opportunity to ride on the potential reversal to the upside. To make this more clear price shows a strong Indecision candle in the 1 Day time frame as such gives us more confirmation to enter this trade.