EURCAD LONG Situation 15:15 NYT 15.3.2019

15 Mar 2019

Hello to all which follow my charts.

Here The Situation in EUR CAD at the moment.

For an easy look a the big picture i have used my renkocharts
i am favourite from.

So here we go:


EUR CAD had had a sharp downtrend from beginning of 2019

At around 14.1.2019 the pair has build out a short channel

which has lasted till 25.2.2019

From this day on EUR CAD has broke out form that short channel

and since now we are in a LONG setup .

Now we have a pull back which could be a nice chance for a
new long position.

Remember that if you would had beenn the first mover on outbreak the short

channel your buy had been at around

1.5050

which is not so far away from todays trading if you do not daytrading here.


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--This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research---