THIS PAIR WAS TRADING SIDEWAYS ON THE H4 AND H1 CHART, AND IT FINALLY BROKE TO THE UPSIDE. MY PLAN IS TO WAIT FOR A RETRACEMENT TO SUPPORT THAT WILL PROVIDE AN OPPORTUNITY TO BUY.

EURCAD DAILY

MARKET IS SIDEWAYS, MOVING AVERAGES ARE FLAT. PRICE HOWEVER IS SLOWLY MAKING ITS WAY TO THE TOP OF THE RANGE. STOCHASTICS IS HEADING NORTH.

EURCAD H4

MARKET IS BULLISH, 21 ABOVE THE 55. PRICE IS BULLISH AND CURRENTLY AT WM3 RESISTANCE. SUPPORT IDENTIFIED AT WPP/MM3 WHICH WAS PREVIOUS RESISTANCE AS ILLUSTRATED BY THE GREEN BAR. STOCHASTICS IS OVERBOUGHT.

EURCAD H1

MARKET IS BULLISH, 21 IS ABOVE THE 55. PRICE IS BULLISH. RESISTANCE IDENTIFIED AT DM3 WHICH COINCIDES WITH WM3. SUPPORT IDENTIFIED AT A PIVOT CLUSTER OF DPP WHICH COINCIDES WITH MM3 AND WPP. MY PLAN IS TO WAIT FOR THE PULL BACK TO SUPPORT BEFORE CONSIDERING GOING LONG.

EURCAD H4 POST TRADE

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