newbietrader_TZW

Flag pattern formed !!!! opportunity to call long !!!

Long
FX:EURCAD   Euro / Dollar Canadien
Daily
  • Flag pattern or symmetric triangle pattern formed
  • Currently supported by the support trendline ( purple line)
  • MACD shows the exhaustion of the bearish momentum
  • Stochastic indicating the reverse might happen due to the KD line going to cross

What to do now?
  • Long the market immediately or
  • Waiting for confirmation due to currently is retesting the support zone
  • Please do your own proper risk management

Good Luck to all traders!!!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.