Market Instrument: EURCAD
Timeframe: Weekly
Analysis: Technical
Structure: Support and Elliot Waves
Prediction: Bullish
EURCAD is on major weekly support where we have seen a good buying pressure formed at these price levels previously. For the moment price is respecting the support level formed on the lower timeframe while the bearish trend extended up to this level has already completed its 5 waves and I have a decent expectation of a reversal to form around this support to the upside.
Timeframe: Weekly
Analysis: Technical
Structure: Support and Elliot Waves
Prediction: Bullish
EURCAD is on major weekly support where we have seen a good buying pressure formed at these price levels previously. For the moment price is respecting the support level formed on the lower timeframe while the bearish trend extended up to this level has already completed its 5 waves and I have a decent expectation of a reversal to form around this support to the upside.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.