The EUR/CAD D1 chart has formed a falling wedge and this chart pattern has been broken, further reversing the trend. At present, the ADX indicator +DI is above -DI, and the trend has changed from idle to more. The breakout of the Ichimoku encounter line above the price is now a good time to enter a long position.
The price of the H1 chart is currently overbought, and you can wait for a pullback to go longer. The 200 moving average line has now been broken through, and the trend has also turned from idle to more yesterday.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.
