WEEKLY ANALYSIS TRADE SETUP: EURCAD – (21ST – 25TH DECEMBER, 2020)πŸ“ˆπŸ“ŠπŸ’°

EURCAD

Breakout on the upside of a descending channel within an uptrend is a good continuation indicator of the 11 month uptrend.

SUMMARY.

Zooming in to a lower timeframeΒ will give you a better position to time the entry to the potential bull rally followingΒ  price action confirmation.

Disclaimer: This analysis is for educational and general information only and not advice or a recommendation to trade or invest. Do your own research/analysis and don’t blindly enter trades based on the analysis.

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Joshua Matumo

Administrator

Financial Trader, Enterpreneur, Writer.

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