Euro / Dólar CanadenseViés de alta
EURCAD Long
The Euro had made a strong move from 1.42 to 1.60 early in the year. Price then retraced (.50 level) and consolidated around 1.50.
A second impulsive wave has seen price again move to 1.60 and in the last few bars retrace.
This could be the start of a double top or maybe the handle is forming for a C&H .... it's too early to tell.
The bias is presently set to the long side ( all short term MAV in alignment)..... A suggested long
1. Enter - around 1.56 (20 MAV)
2. Target - 1.67 ( beyond 2018 high and 1.27 extension)
3. Stop - 1.51 ( near lows of consolidation and more 3 atr)
4. RR = 2.5
A second impulsive wave has seen price again move to 1.60 and in the last few bars retrace.
This could be the start of a double top or maybe the handle is forming for a C&H .... it's too early to tell.
The bias is presently set to the long side ( all short term MAV in alignment)..... A suggested long
1. Enter - around 1.56 (20 MAV)
2. Target - 1.67 ( beyond 2018 high and 1.27 extension)
3. Stop - 1.51 ( near lows of consolidation and more 3 atr)
4. RR = 2.5
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.