I like the way EURCAD is trading

I think it is clear, on the long term charts it is trading in a bullish condition, it was rejected from an important LT support level, its nearly halfway the range but it still has some room left before it reaches the next resistance level (I’m talking about 370+ pips).

On the short term charts, it is trading in a very well defined range, but since it is in a bullish condition (I always trade in the direction of the long term charts) only long opportunities are in play:

So you know what I’m doing here… I’m looking for long opportunities.

Trade Safe!

Raul Lopez
Forex Course

EURAUD analysis, forex

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .