EURCAD setting up for impulse higher
For my previous posts and context see link below:
Short term we might see a continuation of the current bearish move within the corrective combination on 4hr time frame.
The 1 hour time frame will give us the first sign whether or not the consolidation is ending. Comparable to USDCAD I like to see a first impulse higher of lesser degree and then start buying EURCAD. We have to keep in mind that EURCAD might test 1.4250 first and that's why I'm careful. A corrective combination can take relatively long and I have to determine whether it has finished first.
timstuyts.com
facebook.com/timstuyts
youtube.com/watch?v=HvmWTm4fcl8
Short term we might see a continuation of the current bearish move within the corrective combination on 4hr time frame.
The 1 hour time frame will give us the first sign whether or not the consolidation is ending. Comparable to USDCAD I like to see a first impulse higher of lesser degree and then start buying EURCAD. We have to keep in mind that EURCAD might test 1.4250 first and that's why I'm careful. A corrective combination can take relatively long and I have to determine whether it has finished first.
timstuyts.com
facebook.com/timstuyts
youtube.com/watch?v=HvmWTm4fcl8
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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.
Publications connexes
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.