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jammyguy98

EURCAD LONG&SHORT OPPORTUNITY 100+PIPS DAILY+4HR TIMEFRAME

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Euro / Dollar Kanada (FX:EURCAD)  
jammyguy98  
FX:EURCAD   Euro / Dollar Kanada
Support and Resistance Supply and Demand Trend Lines
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supportandresistance supplyanddemand trendline
As you can see here EURCAD has formed a wedge pattern, This is a daily time frame i would expect to see it bounce off the support and resistance lines multiple times which means theres quite a-lot of trading opportunities for both longs and shorts while it is in this pattern. Once it does break I expect it to go long but i will have to wait for price action to be certain. The two areas I have marked are supply zones (heavy resistance zones) which the price may or may not break through or bounce off and come back down. The arrows I have marked are to show the way this pair could behave over the next week or two. I hope people can catch some nice pips from this trade :)
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