EURCAD Long/Buy Idea

EURCAD Long/Buy Idea

waiting for a momentum candle close above 1.4525 to buy this one

Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Channel Pattern (in blue)
3- Demand Zone Rejection (in light blue)

Three confluences are enough to consider Buying EURCAD, after a break above 1.4525 (in gray)
Beyond Technical AnalysisbreakoutbuyChart PatternsDemand ZoneDivergenceEURCADParallel ChannelpatternTrend Analysiszone

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