FX:EURCAD   Euro / Canadian Dollar
looking at the 4hr time frame we can see a bullish doji star forming indicating indecision and could show a potential reversal. The retractment on the 4hr timeframe has hit the 0.5 fib location which has formed dis doji star which a good sign of reversal. As we can see we broke a key level of the market and headed back into this zone for a retest we can see we had a good high on the doji candle stick and we ended bullish on closure some may wait for 1 or 2 more candle sticks that are bullish for confirmation. Use good risk management and enjoy trading this week!
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