EURCAD 4H

2020년 5월 12일

We are at a major descending line and a support/resistance horizontal line. I would look at the 4H for directional queues.

If we do break above, I would look for a solid retest and confirmation candle before getting into a buy. You may need to do this on the 1H.

Fib extension lines are marked.

2020년 5월 12일

노트

Here's a 1H view. We are currently backtesting the descending line. If we can get a green confirmation candle following this test, it might be an opp to buy.

2020년 5월 14일

노트

We are currently back testing the descending trend line. If close above this trend line + above the support/resistance line, it might be a good buy position.