EUR/CAD (INTRADAY!!) long position oppurtunity
Hello traders,
We had a few things to watch regarding the EUR/CAD, where we start off with the price action and structure.
Structure was build to the upside, wich means we are looking for a possible buy on this pair.
Structure also gave a some nice recovery in the momentum to the upside so we saw a pullback.
Now we wait for the next move to the upside.
How I will be looking at this pair is:
- counter-trendline break and retest needs to be done.
- structure needs to break back above level.
- indicators need to give us the entry signal.
If all the rules are satisfied, we will take the entry.
Have a nice evening!
We had a few things to watch regarding the EUR/CAD, where we start off with the price action and structure.
Structure was build to the upside, wich means we are looking for a possible buy on this pair.
Structure also gave a some nice recovery in the momentum to the upside so we saw a pullback.
Now we wait for the next move to the upside.
How I will be looking at this pair is:
- counter-trendline break and retest needs to be done.
- structure needs to break back above level.
- indicators need to give us the entry signal.
If all the rules are satisfied, we will take the entry.
Have a nice evening!
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