RX-93

EURCAD Possible Buy Opportunity

Long
FX:EURCAD   Euro / Dollar Canadien
1) D1 shows Rounding Bottom and highest price capped at around 1.59.
2) Zooming to H4, price respected downtrend channel by bouncing inside the channel, thus creating the "Handle".
3) Demand Zone was marked from previous price (23 Jul 2020).
.
.
I expect the price to go back to the demand zone and bounce up, if it break the channel after bouncing from the supply zone, it'll be a possible buy opportunity.
.
.
This is just my idea, we can't control the market. Any idea just comment below. Good luck! :D

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.