jabariofafrica

EURCAD ____ INCOMING BULLISH MOVE

Long
FX:EURCAD   Euro / Dollar Canadien
Hello Guys,

So there's not so much clarity on the 3M timeframe, however, on the monthly chart, there is a clear W pattern that should lead to a bullish impulse move. There is also an unmitigated continuation order block I would like to trade off from.

Dropping into the weekly timeframe, there is a clear shift in market structure, and inducement of early buyers, an unmitigated demand orderblock that aligns with the monthly order block, and lastly, buy-side liquidity which is just under a clear Fair Value Gap (as seen on the daily chart).

You can keep this on your radar to see how it develops.

Follow for more updates.

Cheers,
Jabari

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