EURCAD – We have been chasing this DRAGON for a while. This chart has all the elements we look for to take a LONG TERM position.

by | Nov 19, 2021 | ACTIONABLE CHART, POSITIONS | 0 comments

11.19.2021

We are long EURCAD risking the prior lows. This has been a painful trade for us, but we feel it is ripe for a SHARP move HIGHER.

The DIVERGENCE is absurd and the LOW has held multiple times. We target 1.4750-1.4800.